Veda buys boutique ratings agency 04 April 2013 5:22PM Veda says it will buy Corporate Scorecard, an independent provider of credit analysis. read more
Value smashed for Motor Finance Wizard 03 April 2013 5:30PM Keybridge Capital is to take control of sub-prime lender PR Finance Group, the operator of Motor Finance Wizard and payday lender AMX Money. read more
Credit standards loosened for top borrowers 28 March 2013 5:48PM With demand for business credit in the doldrums, banks are making credit easier and cheaper to obtain. read more
Shadow banks immaterial, says RBA 28 March 2013 5:46PM Australia's universe of "shadow banks" is small beer in the context of total domestic financial system assets, even if some investors have lost savings, the Reserve Bank of Australia says in its lat.. read more
Households make hay with home loans 28 March 2013 5:46PM Households are continuing to pay their home loans back rapidly, in part by keeping repayments steady as interest rates fall. read more
Stevens defends liquidity facility 27 March 2013 5:40PM Reserve Bank governor Glenn Stevens used a speech to the ASIC Annual Forum yesterday to rubbish recent efforts to portray the "committed liquidity facility" - that will help Australia banks meet the.. read more
Margin declines for bankmecu 26 March 2013 5:32PM Matching the market on deposit pricing took a toll on profits at bankmecu, a Melbourne-based mutual bank, over the half year to December 2012. read more
CBA clear to buy Aussie 22 March 2013 5:35PM Commonwealth Bank has avoided any conditions being imposed on its purchase of a controlling stake in Aussie Home Loans, with the ACCC giving the deal the green light yesterday. read more
SME borrowers wear rate pain 22 March 2013 5:34PM Small business borrowers have borne yet more pain from banks' management of their margins over the last year, while big business and residential borrowers have benefited from price competition, a ne.. read more
GE expands in debtor finance 22 March 2013 5:30PM GE Capital is to buy the invoice discounting business of insurer Allianz Australia. read more