Wide Bay looks for business lift

Wide Bay Australia aims to begin making business loans by November, the Bundaberg-based lender said yesterday. It will be the first real foray into business lending for the building society, which a.. read more

Takeover offer for e-pay

e-pay Asia, an ASX-listed payments processor with an Asian business focus, is evaluating a takeover bid from its major shareholder, GHL Systems Berhard. read more

Remittance costs 'exorbitant'

Methods for sending remittances home to poor families in the South Pacific and Asia need work by Australian and New Zealand banks, as the costs of doing so remain high, a World Bank study has found... read more

Gippsland directors earned favoured returns

The trustee of regional Victorian non-bank lender Gippsland Secured Investments hopes that receivers will be able to make an "ultimate return to note holders of between 80 cents and 90 cents in the.. read more

SGE preps bank option

SGE Credit Union is taking steps to adopt a mutual bank status. The credit union, which mostly serves health workers in New South Wales, plans to change its incorporated name to SGE Mutual Limited a.. read more

Bank of Melbourne still sluggish

Rosy estimates by Westpac of the progress of its Bank of Melbourne brand need a second look, with the bank making little consistent progress if independent analysis by Roy Morgan Research is any gui.. read more

LVR stable, despite larger loans

Talk of a property bubble, including one driven by self-managed super funds, "is over-stated at this point", Australia's largest home loan broker believes. read more