Collection House at a standstill 14 April 2020 4:17PM Debt buyer Collection House has entered into a standstill agreement with its lenders, Commonwealth Bank and Westpac, while it attempts to recapitalise the business. read more
Commercial property a key risk for lenders 14 April 2020 4:16PM The Reserve Bank has identified the commercial property sector as a "key risk for lenders", with developers and other geared investors facing the prospects of breaching their loan covenants. read more
Half of CSF intermediaries inactive 14 April 2020 4:14PM The Australian Securities and Investments Commission couldn't make up its mind in its latest review of the crowd-sourced funding regime. read more
AOFM to counter securitisation market overhang 14 April 2020 4:13PM The Australian Office of Financial Management has switched the focus of its Structured Finance Support Fund activities to the secondary market. read more
Bank dividends: it's a deferral not a cancellation 09 April 2020 4:12PM Industry commentators expect banks to defer rather than cancel dividends, in response to APRA's call for them to limit capital distributions. And some may play catch-up with special dividends. read more
New housing finance volume up, value down 09 April 2020 4:10PM The number of new housing finance commitments continued to grow in February but the value of those loan commitments fell for the first time in nine months. read more
CBA cuts variable mortgage rates 08 April 2020 4:06PM The Reserve Bank held off making any change to the cash rate yesterday but Commonwealth Bank took the opportunity to make some changes of its own, including cuts to variable mortgage rates. read more
Banks to underpin new tenancy code 08 April 2020 4:05PM Foreign banks are expected to step up just as much as Aussie banks in giving retail tenants a break, the government made clear yesterday. read more
ASF develops cashflow support model for AOFM seekers 08 April 2020 4:01PM The Australian Securitisation Forum is working with the AOFM on a way of giving the Structured Finance Support Fund the option of investing in outstanding RMBS, ABS and warehouse facilities sponsored.. read more
NAB cuts up its credit cards 08 April 2020 3:59PM NAB has trimmed its credit card portfolio, taking several cards off the market. read more