What the revised regulatory timeline holds 18 May 2020 5:57AM The government’s Hayne royal commission reform timetable has been pushed back six months, ASIC is deferring enforcement of design and distribution obligations and mortgage broker reforms for six month.. read more
Corporate borrowers have eight months of liquidity 15 May 2020 5:41AM Spreads in global high-yield credit, which were 1000-plus basis points not so long ago, are now averaging 760 bps. read more
1s and 10s play at non-bank contactless 15 May 2020 5:36AM Apple Pay is growing strongly as it was always going to, despite Aussie banks delaying the rollout by years. read more
CBA’s divestment program close to the finish line 14 May 2020 6:14AM Following news of two transactions this week, all the businesses that Commonwealth Bank bundled up in New Co in 2018 have been sold, except two. read more
Affinity walks away from CML deal 14 May 2020 6:13AM Affinity Equity Partners, the owner of finance company Scottish Pacific, has walked away from its agreement to acquire SME receivables finance company CML Group, citing events that may have constitute.. read more
CBA Indonesian life sale approved 13 May 2020 6:12AM Commonwealth Bank has received regulatory approval to sell its equity interest in an Indonesian life insurance company. read more
La Trobe pushes RMBS revival 13 May 2020 6:08AM La Trobe Financial has raised A$1.25 billion in the residential mortgage-backed securities market, with only indirect involvement from the Australian Office of Financial Management, giving notice that.. read more
SFSF program gathers momentum 12 May 2020 6:11AM Over the past week the Australian Office of Financial Management has used the Structured Finance Support Fund to make 35 investments in securitised assets, including 12 yesterday. read more
Macquarie re-prices hybrid to entice wary investors 12 May 2020 5:58AM Macquarie Bank has relaunched its hybrid offer, Capital Notes 2, offering a substantially higher margin than the one it offered in February. read more
CDR enforcement will target ‘refusers’ 11 May 2020 6:37AM The ACCC and the Office of the Australian Information Commissioner have jointly released their Consumer Data Right compliance and enforcement policy. read more