Westpac goes live on Digital Mailbox 19 March 2015 5:21PM Nine months after announcing that it would participate in Australia Post's Digital Mailbox service, Westpac has activated a service that allows its customers to receive statements and other bank commu.. read more
Payday lenders not up to standard 18 March 2015 4:26PM Payday lenders are not following their own policies for protecting vulnerable consumers, are poor record keepers and are failing to meet their obligations in a number of areas. read more
LCR making its presence felt in capital markets 18 March 2015 4:24PM The Australian Prudential Regulation Authority has observed a number of changes to bank products features as a result of the introduction of the liquidity coverage ratio rule in January. read more
Resimac prices non-conforming RMBS 18 March 2015 4:23PM Mortgage specialist Resimac has raised A$375 million of funding through an issue of residential mortgage-backed securities. read more
Healthy growth in the syndicated loan market 17 March 2015 4:31PM Australia's syndicated loan market grew by six per cent to US$106 billion of origination in 2014, according to the latest KPMG Debt Market Update. read more
Many companies in the payments chain failing to meet security standards 17 March 2015 4:31PM Four out of five companies failed to meet aspects of their compliance obligations under the Payment Card Industry Security Standards Council's data security standard. read more
Clerks and sales assistants top the insolvent debtor lists 17 March 2015 4:29PM Clerical and administrative workers, sales assistants, road and rail drivers and labourers are occupational categories that show up more often than any others in insolvency data. read more
ATO warns on SMSF loan-back schemes 17 March 2015 4:29PM The Australian Taxation office has cautioned self-managed superannuation fund trustees to avoid loan arrangements currently being marketed that involve money flowing back to fund members. read more
New global fund will support sustainable banking 16 March 2015 4:46PM The Global Alliance for Banking on Values has launched an investment fund that will support the growth of small financial institutions whose business models adhere to the Alliance's values-based banki.. read more
Strong growth in commercial finance in January 16 March 2015 4:45PM Demand for business credit is picking up, with strong growth in new commercial lending in January and balances also growing well. read more