Orderly run-down for Westpac's interest-only book 19 February 2019 4:59PM Despite concerns that large numbers of borrowers will have trouble shifting from interest-only mortgages to principal and interest, Westpac's latest update suggests that an orderly transition is under.. read more
Suncorp's flat banking result its saving grace 15 February 2019 5:47PM Suncorp's banking and wealth division produced a relatively healthy result for the December half, compared with the heavy fall in the company's insurance business. By any other measure it was a pretty.. read more
ASIC to overhaul responsible lending guidance 15 February 2019 5:44PM ASIC plans to tighten its guidelines for responsible lending conduct, as concerned as ever that some licensees are not taking sufficient steps to meet their obligations. And it wants to bring the guid.. read more
NAB hybrid gets the thumbs up 15 February 2019 5:40PM Researcher Morningstar has given NAB's latest issue of hybrids, Capital Notes 3, the thumbs up, with the rating: "subscribe". read more
Business mulls securitisation bill 14 February 2019 5:11PM The AOFM will invest in authorised debt securities issued by warehouses, only. read more
Open Banking bill get first rites 14 February 2019 5:07PM The Government introduced its consumer data right bill yesterday but consumers will have to wait for "the instrument designating the sector" before they know exactly what information they can get from.. read more
Qantas glides around card market 13 February 2019 4:34PM 35 per cent of credit card spend in Australia is on Qantas or Qantas Frequent Flyer co-branded credit cards. read more
Macquarie confident of ROE target 13 February 2019 4:32PM Macquarie Group chief executive Shemara Wikramanayake is confident the company can maintain its high return on equity, which was 19 per cent at the half-year, because of the advantages that flow from.. read more
Banking hopeful Novatti reports strong growth 12 February 2019 5:06PM Payments processing company Novatti Group increased revenue by 65 per cent in the December half, maintaining its growth momentum as it works with APRA on its banking licence. read more
iSignthis confident of ADI licence 11 February 2019 5:19PM Payment processing and identity verification specialist iSignthis (ISX) expects to be operating as an authorised deposit-taking institution as early as the June quarter, when it also expects to be ope.. read more