BOC RMB clearing facility launched

The development of the Australian renminbi market passed another milestone yesterday, when Bank of China was launched as the official RMB clearing bank in Australia. read more

New P2P entrant targets the SME market

The latest peer-to-peer lender to set up shop in the Australian market, ThinCats Australia, has introduced something different to the model by using finance brokers as intermediaries. read more

BPS Technology meets prospectus forecasts

BPS Technology, the operator of the Bartercard system, has beaten prospectus forecasts in its first financial report since listing on the Australian Securities Exchange last September. read more

Macquarie's RMBS pricing widens

Macquarie Group priced its latest issue of residential mortgage-backed securities on Friday, paying 11 basis points more for funding than it did when it last issued, last July. read more

ASIC class action set for May court date

Proceedings in a class action against the Australian Securities and Investments Commission over its involvement in the Storm Financial failure in 2008 have been held over after until May, to allow the.. read more