314

Further to the article in Banking Day yesterday, a Municipal Association of Victoria spokeswoman advised that the Local Government Funding Vehicle project was not in limbo, and a final rating from Moo.. read more

Price cutting continues to be the dominant feature of the home loan market, with lenders discounting both variable and fixed rates. read more

A recent pickup in shadow banking activity has prompted the International Monetary Fund to ask whether tightening of banking regulation around the world is forcing risky financing activity out of regu.. read more

Credit reporting agencies will only be required to remove or amend information they have recorded about an individual if the information is incorrect, according to the Financial Ombudsman Service. read more

Standard & Poor's has followed up its announcement, earlier this month, of revisions to its criteria for assessing the ratings of banks' hybrid capital instruments by downgrading a large number of.. read more

Growth in housing finance for residential property investors continues to outpace growth in finance for owner-occupiers - a trend that will strengthen the Reserve Bank's view that the composition of t.. read more

Figures released yesterday by the Australian Financial Security Authority show that total personal insolvencies fell 4.3 per cent in the year to June, compared with 2012/13. read more

Credit reporting agency Veda has released its annual analysis of its consumer credit scoring system, VedaScore, showing that average scores have remained stable and the proportion of consumers at risk.. read more

Consumer demand for a wider range of online banking services is growing, with 24 per cent of respondents to a survey saying they would prefer to complete a home loan application online. read more

bankmecu suffered a small fall in earnings in the year to June, reflecting a contraction in its net interest margin. read more