85

Several deposit takers raised their at-call and term deposit rates in May, which might suggest that deposits are not flowing in at the rate they have been over the past year. read more

ANZ has launched an issue of capital notes, looking to raise A$1 billion or more with an offer that includes a margin between 300 and 320 basis points. read more

Commonwealth Bank is expanding its program of working with third party providers to offer its customers a wider range of services, announcing investments in online shopping start-up Little Birdie and.. read more

The Treasurer will have the power to request that the new Financial Regulatory Assessment Authority conduct assessments of APRA and ASIC on an ad hoc basis, in addition to the authority’s normal bienn.. read more

Consumer lender Plenti Group has forecast that it will be profitable in the current financial year, if it maintains its current lending growth and margin. read more

BNK Banking Corp has established a mortgage securitisation program, with Goldman Sachs providing up to A$500 million of funding. read more

New housing finance commitments rose 5.5 per cent in March, with a spike in lending to investors driving growth. read more

The Australian Competition and Consumer Commission has released 23 submissions to its review of the proposed amalgamation of BPAY, eftpos and NPPA, with the majority of them opposed to the merger. read more

Announcing the appointments of a new chair and deputy chair for ASIC, Treasurer Josh Frydenberg reiterated his theme that regulators must support government policies and aims, not pursue their own age.. read more

Consumer demand for credit cards is in freefall and demand for buy now pay later accounts has plateaued, according to the latest Equifax data. read more