Weak first quarter for domestic syndicated loan market 01 May 2015 3:53PM Australian syndicated loan volumes fell heavily in the March quarter, with issuance down 50 per cent on the previous corresponding period. It was the fourth lowest quarter in the past ten years. read more
Genworth's NAB Broker contract on the line 30 April 2015 3:57PM Mortgage insurer Genworth has entered into a request for proposal with National Australia Bank regarding NAB's existing lenders mortgage insurance contract for the NAB Broker business. read more
APRA ready to start implementing FSI recommendations 30 April 2015 3:57PM Australian Prudential Regulation Authority chairman Wayne Byres says the regulator is ready to act on recommendations of the Financial System Inquiry, without waiting "for every i to be dotted and t t.. read more
Murray says act now on mortgage risk weights 29 April 2015 3:40PM Financial System Inquiry chairman David Murray has added his voice to the call for the government and the Australian Prudential Regulation Authority to act quickly to level up the playing field in the.. read more
Narev has no time for for technology tourists 29 April 2015 3:39PM Ian Narev admits that he has no idea which emerging technology is going to be critical to the success of his bank in the years ahead, but that doesn't worry him too much. read more
ANZ automates trade finance 29 April 2015 3:38PM ANZ took a significant step in the automation of its trade finance business this month when it completed a transaction for a shipment of iron ore to China using a bank payment obligation with an elect.. read more
Lenders missing insurance sales opportunity 29 April 2015 3:37PM Lenders are missing an opportunity to sell insurance when they sell a mortgage, with fewer than a third of people even remembering that they were offered a home and contents policy at the time they to.. read more
Court rules that Code of Banking Practice has contractual force 28 April 2015 3:52PM The Supreme Court of Victoria has ruled that the Code of Banking Practice has contractual force, in a case in which National Australia Bank failed in a A$6.2 million claim against five loan guarantees.. read more
Canstar calls for a review of comparison rates 28 April 2015 3:51PM Consumer finance researcher Canstar has called for a review of home loan comparison rates, saying changes in the mortgage market since their introduction have robbed them of their usefulness. read more
Monetise monitoring A$150 million of funds 28 April 2015 3:49PM Consumers have linked A$150 million of funds to the Monetise platform since the "personal finance organiser" site was launched in February. read more