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Commonwealth Bank has stretched credibility concerning its full-year cash profit - said to be A$7.82 billion - by omitting a large A$45 million loss on a loan made to one of its most notorious borro.. read more

The Australian Bureau of Statistics has produced a fresh set of data on business entries and exits, which provides a new view of the success of finance firms. The latest count found that new entrant.. read more

Less than one third of the deposit base held by Australian banks will be subject to the deposit insurance scheme proposed by the Federal Government. New estimates released by Treasury yesterday put.. read more

A hard landing in China while bruising for banks may have only a muted effect on their credit ratings, Standard & Poor's concluded in an analysis released yesterday. read more

Gippsland Secured Investments has one more week to raise the necessary cash to avoid the appointment of receivers - half the extra time the debenture issuer was seeking. read more

Macquarie Bank will have to negotiate a fresh carve-up of the A$82.5 million offered in settlement of a long-running wrangle with investors who were advised by Storm Financial and funded by Macquari.. read more

Demand indicators on the lending side are not all bad. The ABS reports that the value of commercial finance commitments increased 11.5 per cent in June 2013, following a rise of 3.4 per cent in May.. read more

Banks will be subject to a cap on the size of the committed liquidity facility they can access from the Reserve Bank of Australia from January 2015. read more

The LM First Mortgage Income Fund will be wound up, following a ruling by the Supreme Court of Queensland. read more

Any bankers grizzling about lacklustre demand for debt might want to cheer up, since Australian Bureau of Statistics shows their product is penetrating their target market well. read more