Most brokers are small players 30 June 2015 3:53PM The picture of the mortgage broker market that emerges from data presented with news site The Adviser's annual brokerage rankings is of an industry where a handful of brokers have loan books worth man.. read more
Scottish Pacific partners with Efic 30 June 2015 3:53PM Trade and debtor finance specialist Scottish Pacific has been approved to partner with the Government's export credit agency Efic. It is the first non-bank financial institution approved to work with.. read more
Land dealing VOI rules close to finalisation 29 June 2015 4:36PM Verification of identity rules that will apply in the national electronic conveyancing system are close to finalisation, with face-to-face verification to be a requirement along with A$20 million of p.. read more
Basper issues supplementary capital raising prospectus 29 June 2015 4:34PM Basper Ltd, which is raising funds to acquire DirectMoney, issued a supplementary prospectus on Friday, providing more detail on matters queried by the Australian Securities and Investments Commission.. read more
Banks target SuperStream as a transaction banking opportunity 26 June 2015 4:08PM Three of the country's big banks are looking for business opportunities in the superannuation industry's SuperStream initiative, which kicks off next week. read more
Financial assets fuel higher household wealth 26 June 2015 4:06PM Despite all the hype about a residential property bubble, financial assets have been the big driver of Australia's household wealth so far this year. read more
Time for Australia to have credit repair regulation 26 June 2015 4:06PM Australia's move to a comprehensive credit reporting regime makes it a priority for policymakers to address the lack of consumer protection in the credit repair market, according to a new study. read more
eChoice extends its debt facility 25 June 2015 4:33PM Mortgage company eChoice (formerly Firstfolio) has secured an extension of its senior debt facility by two years. The company announced yesterday that the A$58.4 million facility would mature in July.. read more
Technology makes customers more loyal 25 June 2015 4:33PM Contactless payments, mobile banking and e-commerce developments in retail banking have made a significant contribution to higher levels of customer satisfaction and advocacy, according to new researc.. read more
IMB approved to become a mutual bank 24 June 2015 3:50PM The Australian Prudential Regulation Authority has approved IMB's application to become a mutual bank. IMB announced yesterday that it would begin trading under the name IMB Bank on August 1. read more