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Investors in lender DirectMoney's new Personal Loan Fund will pay more than three per cent a year in investment management and fund administration fees, and will have to wait three years to get all th.. read more

Two months after it was launched at the end of March, the Financial Advisers Register has been beefed up with the inclusion of information about advisers' qualifications, training and membership of pr.. read more

Growth in lender's mortgage portfolios moderated in April, as both owner-occupier and investor housing loan balances recorded lower monthly growth rates for the first time since August last year. read more

Earlier this year bankers were getting increasingly bullish about growth prospects in the business lending market and were committing greater resources to the sector. read more

Demand for securities assets remains strong, with Westpac setting out to raise A$750 million when it launched an issue of residential mortgage backed securities last week, and closing the deal off at.. read more

Investors were also keen to get their hands on La Trobe Financial's higher yielding mortgage-backed securities. read more

Treasury has issued an exposure draft setting out the changes to the unclaimed money provisions of the Banking Act that the government announced in March. read more

After reporting a series of flat earnings results in the past few years, finance company Thorn Group has produced solid profit growth for the year to March. read more

The debtor finance market suffered a substantial fall in turnover in the March quarter. read more

The most common age for insolvent debtors has been increasing steadily over the past seven years, with a person entering bankruptcy or a debt agreement now likely to be in their early 40s. read more