ANZ price fixing decision rejects 'artificial or theoretical constructs' 12 August 2015 5:17PM ANZ's win on appeal in a price fixing case brought by the Australian Competition and Consumer Commission has helped clarify the law on price fixing where it involves an agent or distributor selling pr.. read more
Resimac completes second RMBS issue for the year 12 August 2015 5:16PM Mortgage lender Resimac has raised A$500 million of residential mortgage-backed securities. read more
CBA to launch A$5 billion capital raising 12 August 2015 4:41PM Commonwealth Bank will announce an equity raising worth around A$5 billion at its results briefing today, according to a report in the Australian Financial Review. read more
Expenses ahead of revenue, margins declining at NAB 11 August 2015 3:28PM National Australia Bank has reported an unaudited cash profit of A$1.75 billion for the three months to June - up nine per cent on the previous corresponding period. read more
New business lending falls for second month 11 August 2015 3:27PM Businesses appear to have put their gearing plans on hold as new business lending volumes have fallen for the second straight month. read more
Lending to property investors down 10 August 2015 3:45PM New lending to property investors has fallen for the second consecutive month. read more
RateSetter reports solid loan performance 10 August 2015 3:43PM Investors committing funds to peer-to-peer lender RateSetter are taking a cautious approach, with the average investment just over A$6000. read more
Westpac spreads confusion on payday issue 07 August 2015 4:11PM Westpac's decision to cut off funding to "payday lenders" without offering the market any explanation for its action has spread confusion among small financial institutions that bank with it. read more
Consumers start to take an interest in credit scoring 07 August 2015 4:10PM Dirk Hofman believes Australians are starting to take an interest in their credit scores. Hofman is the managing director of Credit Savvy, which offers consumers free credit scores. read more
Teachers to take its new UniBank division national 07 August 2015 4:09PM Teachers Mutual Bank will use its new UniBank division to build share in the university sector - a part of the education market where it has been underweight. read more