225

Lender and loan servicer Pepper Group has sold a A$400 million portfolio of mortgages in a "whole loan transaction" and has foreshadowed more such sales this year. read more

Mortgage industry data standards body LIXI has been working with a group of industry professionals to develop a standard set of forms that lenders can use when asking loan applicants about living expe.. read more

One in five small and medium business owners regularly dip into their own pockets to fund their businesses, according to a new survey. read more

Australians are well served by ATM networks but it won't last. According to the latest Reserve Bank Bulletin, there were 31,661 ATMs in Australia at the end of last year, an increase of around 20 per.. read more

High growth in operating expenses and a fall in funds management fee income held back earnings growth at superannuation fund-owned bank ME during the December half, but the bank is confident that loan.. read more

The Government has introduced legislation to bring Australia's regulation of over-the-counter derivative markets into line with G20 recommendations. read more

The successful introduction of contactless payment card technology in Australia has led to rapid growth in the number of point of sale terminals being deployed by merchants. read more

Two years into Australia's comprehensive credit reporting regime, the country's biggest consumer credit bureau operator, Veda, has reported that it has nine credit providers feeding comprehensive cred.. read more

Changes to the way the age pension means test rules are applied to the family home may be needed as a way of encouraging more people to use the wealth tied up in their home to fund their retirement. read more

Commonwealth Bank has made an aggressive pursuit of home loan market share in recent months, if AFG data is indicative of the broader market. read more