More Australian businesses using renminbi 07 April 2015 3:28PM The number of Australian companies using renminbi to settle cross-border business has increased substantially over the past year, according to a new business survey. read more
Westpac's 'tilt' has failed 02 April 2015 5:01PM Almost two years after Westpac announced that it was making a "tilt to growth", saying it would return to system growth in the Australian mortgage market, the bank has not been able to achieve its goa.. read more
MoneyPlace on track to open its portal this quarter 02 April 2015 5:00PM The latest entrant into Australia's peer-to-peer lending market, MoneyPlace, has confirmed that it expects to start trading in the June quarter, when it will join SocietyOne, RateSetter and ThinCats. read more
ASIC gives relief on TDs 02 April 2015 4:57PM The Australian Securities and Investments Commission has issued a class order giving issuers of term deposit products requiring 31 days' notice for early withdrawal relief from a provision of the Corp.. read more
Harper says scrap the price signalling rule 01 April 2015 4:59PM The final report of the Competition Policy Review has recommended that the prohibition on price signalling in the Competition and Consumer Act, which applies only to banks, be scrapped and be replaced.. read more
Business credit growth overtakes housing credit 01 April 2015 4:58PM Monthly growth in business credit has overtaken growth in housing credit for the first time since 2008, marking a significant shift in the lending market. read more
Retail debenture issuers hit with tighter rules 01 April 2015 4:54PM Debenture issuers and other registered financial corporations face new operating rules, as the regulator seeks to make a clearer distinction between their activities and those of authorised deposit-ta.. read more
Tyro opens its own fintech hub 01 April 2015 4:54PM Tyro Payments has beaten Sydney's Stone and Chalk fintech hub to the punch, opening its own hub for entrepreneurs working in the area of financial services technology. read more
Treasury flags economic cost of business bias towards debt finance 31 March 2015 4:52PM One of the questions raised in Treasury's tax discussion paper that could have a direct bearing on the business banking sector is whether the tax system should provide a more neutral treatment of diff.. read more
IMB completes its third share buyback 31 March 2015 4:51PM Building society IMB has completed the third in a series of off-market share buybacks, paying A$16 million to buy 2.99 million shares at a deemed market value of $5.35 a share. read more