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Acknowledging that its Australian business banking division's market-leading position is under threat, National Australia Bank has committed to investing in staff and process improvement in the divisi.. read more

National Australia Bank reported a net profit of A$5.3 billion for the 12 months to September - down 1.1 per cent on the previous corresponding period. Cash earnings of $5.2 billion were down 9.8 per.. read more

Bluestone Group will pay a margin of 120 basis points on the A1 notes of its latest issue of non-conforming residential mortgage-backed securities, which is wider than margins paid on other recent non.. read more

Total assets under custody for Australian investors grew by 6.3 per cent to A$2.46 trillion in the six months to June, according to the Australian Custodial Services Association. read more

The number of people expecting to retire with money still owing on a mortgage has increased by almost ten per cent over the past couple of years. read more

ANZ has tabled a plan to create a job classification called "flexi part time" in negotiations with the Finance Sector Union over a new Australian enterprise agreement. read more

Bank of Queensland will pay 107 basis points over the three-month bank bill swap rate on an issue of five-year floating rate notes, in the bank's first five-year senior transaction since the financial.. read more

Ratings agency Standard & Poor's has warned mutuals they face ratings downgrades if they fall too far behind the banks in terms of mortgage portfolio growth, interest margin and service standards. read more

Building society Wide Bay Australia has launched its first issue of residential mortgage-backed securities since 2010. It is aiming to raise A$300 million of funding. read more

ANZ inadvertently revealed details of half-on-half movements in its cash profit in a financial reporting template it issued for analysts and fund managers last Friday. The upshot is that the market is.. read more