Little change is mortgage lenders' market share 19 May 2015 4:04PM Despite the revival of a number of specialist mortgage lenders' businesses over the past couple of years, helped by the recovery in the securitisation market, market shares in the mortgage market have.. read more
Phishing attacks high on the scam list 19 May 2015 4:03PM Phishing attacks, which often target bank account details, remain one of the most common scams reported to the Australian Competition and Consumer Commission. read more
Firstmac issues A$1 billion RMBS 18 May 2015 3:43PM Firstmac has completed the biggest issue of residential mortgage-backed securities by a specialist mortgage lender since the financial crisis, raising A$1 billion of funding. read more
CIO takes more action against credit repair companies 18 May 2015 3:42PM The Credit and Investments Ombudsman has added another credit repair company to its banned list. read more
Business lending market regains momentum in March 18 May 2015 3:41PM According to Australian Bureau of Statistics lending finance figures released on Friday, the value of new commercial finance rose 0.4 per cent in March, compared with the previous month (in seasonally.. read more
Overdue payment numbers down 15 May 2015 4:29PM Australian businesses have reported a significant reduction in overdue payments. read more
Interest-only loans increase bank risk, says Fitch 14 May 2015 3:56PM Big bank chief executives put a lot of effort last week into arguing that the increase in investor and interest-only loans in their mortgage portfolios was not exposing them to higher risk, but Fitch.. read more
Austrac shuts down another remitter 14 May 2015 3:54PM Austrac has cancelled the registration of a Sydney remittance company, FNF First National Finance, after finding it posed a significant money laundering or terrorist financing risk. read more
ANZ, BOQ issue subordinated debt 14 May 2015 3:52PM ANZ and Bank of Queensland hit the debt capital markets yesterday, seeking a total of A$350 million in subordinated debt. read more
2015 Budget: Hockey sidesteps the deposit levy issue 13 May 2015 4:22PM Treasurer Joe Hockey has failed to clarify the Government's position on the deposit levy. The banking industry will have to wait until the Government makes its response to the Financial System Inquiry.. read more