Qudos Bank launches its new brand 05 April 2016 4:14PM Qantas Credit Union has launched its new name, Qudos Bank, marking the completion of its transition to mutual bank status. read more
NAB customers take to the mobile wallet 05 April 2016 4:14PM National Australia Bank's new mobile wallet product, NAB Pay, was downloaded 18,000 times in its first month and customers have used the service to make 60,000 transactions. read more
Housing sentiment turns bearish 04 April 2016 3:32PM Consumer and investor sentiment towards the mortgage market has turned bearish, as a number of new surveys show. read more
New Zealand CCR a mixed bag for consumers 04 April 2016 3:31PM Comprehensive credit reporting in New Zealand has been a mixed bag for consumers, with more people succeeding in their credit applications when dealing with a financial institution for the first time.. read more
Report confirms older Australians are asset rich, cash poor 04 April 2016 3:30PM The picture of many older Australians as asset rich and cash poor has been confirmed by a new Australian Bureau of Statistics report. And no prizes for guessing that the "asset" in question is the fam.. read more
Chinese banks make their presence felt in the local syndicated loan market 04 April 2016 3:30PM Australia's syndicated loan market made a slow start to the year, with the volume and value of deals in the March quarter around half the level of activity in the December quarter. read more
Genworth to return capital, consolidate shares 01 April 2016 5:39PM Genworth Mortgage Insurance Australia plans to reduce its capital with a payment of around A$200 million to shareholders and, at the same time, consolidate its share base. read more
ING Direct reports strong growth in customer numbers 01 April 2016 5:39PM ING Direct's push to use its transaction account as a way of increasing "main financial institution" customer numbers appears to be paying off, with the bank reporting strong growth in customer number.. read more
Investor mortgage growth well below peak levels 01 April 2016 5:37PM The transition in the mortgage market from investor-led to owner-occupier-led growth continued in February, although there was not much momentum in the trend. read more
Net stable funding ratio will be another hurdle for the securitisation market 01 April 2016 5:34PM Implementation of net stable funding ratio rules in 2018 is likely to make securitisation a less attractive form of funding for authorised-deposit taking institutions covered by the NSFR rules. read more