ColCap prices record RMBS issue

Mortgage lender ColCap has completed the first issue of residential mortgage-backed securities for the year in the local market, pricing A$1.5 billion of notes. read more

Amex offers business loans

American Express has joined forces with ODX, a provider of origination services in the business banking market, to launch a range of small business loans in Australia. read more

Suncorp Bank bounces back

A significant shift in the deposit mix of Suncorp’s banking division and a big drop in overseas wholesale funding boosted the bank’s net interest margin in the December 2020 half. read more

Mortgage rates hit a new low

Greater Bank has set a new benchmark in the mortgage market, cutting its one-year fixed rate by 20 basis points to 1.69 per cent. read more

Osko the new payments leader

Payments made using the Osko overlay on the New Payments Platform increased by almost double last year, as the NPP settled in as a cornerstone element of the payments infrastructure. read more

Comment: Year 3 of the Hayne brocade

It was inevitable that the Morrison government’s acceptance of Kenneth Hayne’s call for stricter adherence to financial services law and a stronger regulatory approach would wane at some point. read more