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The level of losses on insured home loans is improving for Genworth Financial. It paid out claims of A$45 million in the June 2013 quarter, down from a recent high of $83 million in the September 2.. read more

John Kinghorn, the founder of Rams Home Loans, is among eight men found to have "engaged in corrupt conduct in relation to their actions involving the Mount Penny mining tenement in the Bylong Valle.. read more

NAB's Clydesdale Bank should be able to generate reasonable profits over the next two years, in spite of difficult economic conditions in Scotland and Northern England, Standard & Poor's conclud.. read more

The Australian Prudential Regulation Authority should delay the adoption of new standards on bank liquidity, the Business Council of Australia proposes in a report on economic policy priorities. read more

The Australian Crime Commission believes there is "large-scale fraud" against Australian banks, but has spelt out only a generic estimate of the costs of this. read more

Policy-makers and banks must not "try to engineer" a revival in credit growth as an antidote to the slow-down in economic growth that is connected to the decline in mining investment, Glenn Stevens,.. read more

Glenn Stevens, governor of the Reserve Bank of Australia, offered a long-term projection on interest rates in his Sydney speech yesterday. read more

ANZ grows above system in SME read more

Craig Drummond, an experienced investment banker and CEO, is to join National Australia Bank as finance director and head of strategy. read more

Fair Loans Foundation, a social lender funded by National Australia Bank, has been pulled up by ASIC for understating interest rates. read more