ANZ drops business loans from monthly review 16 December 2013 5:25PM ANZ will have more latitude to adjust interest rates charged to business borrowers. The bank says it will no longer include business loans in its monthly interest rate review. read more
NAB adjusts pay offer 16 December 2013 5:21PM National Australia Bank offered the Finance Sector Union an increased pay rise for its members last week. However, the union has derided the offer. read more
'Obscene' targets stress bank staff 16 December 2013 5:20PM The Finance Sector Union provided an antidote to the common bank management meme of improving staff engagement with a caustic overview of prominent workplace issues detailed in its annual report. read more
Liberty in clover 13 December 2013 5:45PM Liberty Financial was one of the fastest growing lenders in Australia over the 2013 financial year. read more
Sony Bank bails 12 December 2013 5:38PM The much-hyped entry into the Australian market of Sony Bank may not be happening. read more
QBE cleans up in LMI market 12 December 2013 5:30PM The 2013 financial year was one of contrasts for the leviathans of the lenders' mortgage insurance market in Australia. QBE Lenders' Mortgage Insurance recorded a hefty underwriting profit, but Genw.. read more
UBank and nabtrade excel in SMSF segment 12 December 2013 5:26PM In a measure of the significance of self-managed super funds as a target market for banks, National Australia Bank briefing documents show that 31 per cent of the turnover of its stock broking arm,.. read more
CEFC survives for now 11 December 2013 5:39PM The Clean Energy Finance Corporation will remain in business for a little longer, after the Senate voted down a bill to abolish the financier yesterday. read more
IP Payments makes acquiring plans 11 December 2013 5:36PM IP Payments hopes to acquire credit card payments as an extension of its payment processing solutions for merchants. APRA gave in-principle approval to IP Payments to become a specialist credit card.. read more
More backers for rural finance plan 10 December 2013 5:21PM A plan for a populist lending mandate for the Reserve Bank of Australia has won more backing in Parliament. Independent Senator Nick Xenophon and Democratic Labor Party Senator John Madigan introduc.. read more