Big banks struggle with wealth cross-sell 24 February 2015 5:35PM Banks have made hardly any progress cross-selling wealth management products to their customers over the past decade, according to new research. read more
Mint Payments makes a big investment in growth 24 February 2015 5:34PM Mobile payment company Mint Payments (formerly Mint Wireless) has used a A$10 million capital raising to plough millions of dollars into the recruitment of extra sales, marketing and development staff.. read more
Investor use of margin lending at a ten-year low 24 February 2015 5:31PM The number of investors operating margin loan accounts has fallen to its lowest level in ten years. read more
RMBS benchmark rate up 10 bps on last year 23 February 2015 4:56PM Issuers in the residential mortgage-backed securities market can expect to pay margins of at least ten basis points more than they did last year, following the completion of the latest Commonwealth Ba.. read more
Homeloans suffers heavy fall in earnings 23 February 2015 4:53PM Homeloans Ltd has responded to increased competition in the mortgage market by investing in its broker distribution. As a result, new loan settlements picked up in the December half - but the co.. read more
Broker strategy pays off for MyState 23 February 2015 4:52PM An investment in increasing its sales through mortgage brokers has paid off for MyState Ltd, which has stemmed a decline in its mortgage portfolio. read more
Bank-owned super funds get a rare win 20 February 2015 4:41PM Bank-owned superannuation funds had the rare distinction of notching up investment returns superior to those of their industry super fund rivals over the past year. read more
AMP Bank achieves above-system growth and higher margin 20 February 2015 4:41PM AMP Bank managed to grow its mortgage book above the system rate of growth in 2014, while improving its net interest margin. read more
Wide Bay addresses its 'challenges' 19 February 2015 4:41PM This time last year Wide Bay Australia was struggling to make headway in its mortgage business. Like a lot of other lenders, it found its customers were paying off their loans faster than the bank cou.. read more
Growing debt agreement numbers help FSA's bottom line 19 February 2015 4:41PM Debt solutions company FSA Group has reported a 15 per cent increase in net profit for the six months to December on the back of a substantial increase in client numbers. read more