Investor mortgage lending falls

After recording surprisingly high levels of growth in February and March, new mortgage lending to property investors resumed its downward trajectory in April. read more

Farm management deposit scheme beefed up

The maximum amount that can be held in a farm management deposit account will increase from A$400,000 to $800,000 on July 1, under government changes to the tax treatment of the scheme. read more

Stargroup acquires CashmyATM

Stargroup has made another acquisition in its bid to become a substantial player on the ATM market. The company announced on Friday that it had acquired CashmyATM, which operates a network of 97 ATMs. read more

Deposit rates hit hard

A number of authorised deposit-taking institutions have cashed in on last month's cash rate reduction by cutting their savings account rates by a greater margin than their variable mortgage interest r.. read more