EzeATM follows consolidation dream

EzeATM will buy the Australian automatic teller machine fleet of iCash Payments. EzeATM agreed to pay A$16 million for a business that three months ago the seller wrote down to a carrying value of.. read more

Non-conforming works for RedZed

Investor funds are flowing into non-conforming lending, with RedZed Lending Solutions completing a placement of A$80 million in mortgage-backed securities with a small group of investors. read more

NAB half way there on lending comeback

National Australia Bank is the one bank that has acquired meaningful extra market share in the home loan market over the last couple of years, with other major banks largely consolidating their posi.. read more

Households keep cap on credit

Growth in demand for home loans continues to wallow at near historically low levels - and demand for other forms of personal credit, including credit cards and margin loans, is in outright retreat. read more

S&P dumps four from AA ranks

Four banks slipped from the ranks of 'AA', while the only 'AAA' rated bank in the world also suffered a demotion in Standard & Poor's latest credit ratings. read more

Bank disdain suits Greater

Greater Building Society has easily funded better-than-budgeted growth in home loans off a surging deposit book, and can thank the pricing tactics of the major banks for its success on the asset sid.. read more

Extended summer break on bond tenders

The Australian Office of Financial Management will take an eight-week break from sales of Commonwealth government bonds over the summer. The last tender for 2011 will be held on Friday week (Decembe.. read more

NAB offers carrot to brokers

National Australia Bank will keep its foot on the home loan accelerator with its decision to lift the up-front commission it pays to many home loan brokers. read more

Two vie for iCash ATMs

ATM operator iCash Payments has put its fleet of 1000 Australian automatic teller machines on the market and says it has already received a number offers. read more