RBA warns on prospects of a messy and violent correction 15 October 2014 5:29PM The Reserve Bank has warned that the low volatility that has been a feature of financial markets this year will not persist and that things could get "messy" when current conditions are unwound. read more
Trade credit conditions tighter 15 October 2014 5:28PM Trade credit managers have tightened their credit policies over the past year, despite reporting more positive sentiment about the outlook for the economy. read more
Briefs: Advisers Ratings to cover brokers, Austrac shuts down remitter, AFG targets growth in person 15 October 2014 5:27PM A new online service designed to give investors a forum for rating financial planners may eventually include finance brokers in its coverage. read more
Cuscal widens shareholder structure 14 October 2014 4:40PM Payment services company Cuscal will introduce non-mutual shareholders with material stakes as a result of its planned all scrip acquisition of Strategic Payments Services. read more
Commercial lending falls 14 October 2014 4:37PM Commercial lending activity fell heavily in August, after recording steady growth in recent months. read more
Healthy growth in banking and finance job ads 14 October 2014 4:36PM The number of job ads posted on employment website SEEK has increased by more than ten per cent over the past year and the banking and finance sector has been a big contributor. read more
Credit card balances at a five-year low 14 October 2014 4:36PM The value of credit card balances accruing interest has fallen to its lowest level since December 2009. read more
Briefs: No deal for SAI Global, Bankwest drop direct debit fee 14 October 2014 4:35PM SAI Global has concluded the process it started five months ago when it was approached by a suitor without doing a deal. The board said it could not recommend a transaction that would be in the intere.. read more
Symons defends SocietyOne's peer to peer credentials 13 October 2014 4:53PM SocietyOne chief executive Matt Symons has defended the use of the term "peer to peer lender" to describe his business, despite the fact that only a small number of wholesale investors are able to use.. read more
Government to open up entry to credit card schemes 13 October 2014 4:53PM The Minister for Finance, Mathias Cormann, has announced plans to increase competition in the credit card industry by expanding access to the Visa and MasterCard systems beyond the current group of pa.. read more