Money3 suffers growth pains 18 February 2020 5:20PM Automotive finance specialist Money3 put its foot on the accelerator during the December half, with record growth in loan originations. However, not much of the growth made it to the bottom line. read more
NAB launches hybrid issue 18 February 2020 5:18PM National Australia Bank has launched a hybrid issue, aiming to raise $750 million of capital with an offer of securities paying a margin of 2.95 to 3.15 per cent over the bank bill rate. read more
ASIC gets a bigger sandbox 18 February 2020 5:16PM The Australian Securities and Investments Commission will have greater flexibility in its administration of the fintech sandbox regulatory licensing exemption, following the passage of legislation las.. read more
Mortgage borrowing capacity is up 17 February 2020 5:22PM In its half-year financial report last week, Commonwealth Bank provided an update on its home loan assessment process. Overall, borrowing capacity is up. read more
AMP Bank 're-platforming' underway 14 February 2020 5:16PM AMP is on track to complete the integration of its bank into its wealth management business this year, when it will launch a "whole of wealth proposition". read more
Macquarie hybrid gets the thumbs up 14 February 2020 5:15PM BondAdviser has given Macquarie Bank's new hybrid issue a "subscribe" rating. read more
Comyn says CBA fully compliant with home lending requirements 13 February 2020 4:58PM CBA chief executive Matt Comyn rejects suggestions less rigorous income and expense verification is one reason the bank is growing its share of the home lending market so strongly. read more
CBA results at a glance 13 February 2020 4:56PM Commonwealth Bank reported a net profit of $6.2 billion for the six months to December - 34 per cent up in the previous corresponding period. read more
Personal credit card accounts hit 10-year low 13 February 2020 4:54PM The number of personal credit card accounts in Australia fell by 6.2 per cent over 2019 to 13.8 million - the lowest level since 2010. read more
ACCC has issues with AFG Connective merger 13 February 2020 4:51PM The Australian Competition and Consumer Commission has concerns about AFG's plan to acquire Connective Group. read more