YBR to enter securitisation market 18 August 2015 3:52PM Yellow Brick Road plans to enter the mortgage securitisation market, with its first issue scheduled for the December quarter. read more
CSG finance division reports strong growth 18 August 2015 3:51PM The business technology supplier CSG Group has reported 30 per cent growth in receivables in its leasing and rental division, thanks to rapid growth in the Australian market. read more
Call to tighten responsible lending rules for credit cards 17 August 2015 3:31PM The Australian Securities and Investments Commission has raised the prospect of tightening responsible lending rules covering credit cards to ensure consumers are not exposed to the risk of running up.. read more
Decline in cheque use picks up pace 14 August 2015 3:57PM The rate of decline in the use of cheques accelerated in the 2014/15 financial year, as consumers and businesses continued the switch to card and electronic payments. read more
Auswide to wind up captive insurer 14 August 2015 3:54PM Auswide Bank will wind up its captive lenders mortgage insurance company and return about A$10 million of capital to the bank. read more
CBA results at a glance 13 August 2015 4:27PM Commonwealth Bank lost ground in the second half of its latest financial year, with no growth in net interest income, a spike in loan impairments, a higher cost-to-income ratio and a fall in pre-tax p.. read more
Consumer loan impairments spike but CBA still likes the business 13 August 2015 4:26PM Commonwealth Bank will continue to pursue growth in the unsecured consumer finance market despite an increase in credit card and personal loan arrears contributing to a spike in bad debt charges in th.. read more
Steady fall in ATM usage continues 13 August 2015 4:20PM Consumers' use of ATMs fell in the year to June, continuing a trend that has been in progress for the past five years. read more
NPP moves into the build phase 12 August 2015 5:22PM NPP Australia has accepted the high level design concept for the New Payments Platform and will move the project into the "build and internal test" phase. read more
'Directionless' FlexiGroup gets a caning 12 August 2015 5:20PM Morningstar has given the FlexiGroup board and management a serve over what it describes as the company's "instability" and "lack of direction". read more