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Suncorp chief executive Michael Cameron said Suncorp Bank would be lucky to hold its net interest margin at the current level of 1.86 per cent, despite the bank's decision to pass on only ten basis po.. read more

The major bank's mortgage re-pricing strategies in response to the Reserve Bank's decision to cut the cash rate by 25 basis points will add three to five bps to their margins, an analyst has estimated.. read more

Virgin Money passed on the full RBA rate cut yesterday, announcing that its lowest variable rate would fall to 3.69 per cent, effective next week. read more

A reduction in the proportion of high loan-to-valuation ratio loans being sold in Australia and an increase in the number of delinquent loans hit mortgage insurer Genworth hard during the six months t.. read more

Yellow Brick Road's announcement yesterday that it was reducing its headcount, cutting costs and moving to a franchise distribution model is an overdue acknowledgement that the company's strategy of g.. read more

Australian Unity Investments is reviving its mortgage investments business, switching from its traditional pooled fund approach to a "contributory" model. read more

HSBC Bank Australia suffered a big fall in earnings in the June half, as a result of a steep rise in loan impairments. read more

The Productivity Commission has identified vertically and horizontally integrated businesses, often owned by banks, as one of the main barriers to entry that can give rise to uncompetitive incumbency.. read more

Impaired debt buyer and consumer lender Credit Corp is starting to make a meaningful return from the consumer lending business it launched four years ago. The division's contribution to group earnings.. read more

Close to 72,000 businesses were started in Australia during the June quarter, indicating a rise in business confidence. read more