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The Government plans to amend the Financial Sector (Shareholdings) Act to remove an anomaly that deems associated parties with no direct control in a company to be stakeholders. read more

The outlook for the lenders' mortgage insurance market in Australia is "problematic" unless there is capital relief or all lenders using LMI, according to Deloitte Access Economics. read more

If Yellow Brick Road is to achieve its stated aim of producing its first profit in the 2014/15 financial year, its management team will need to get their skates on. While the company's revenue grew st.. read more

Financial services software supplier Rubik Financial was spared from reporting a loss for the year to June, after it recognised a one-off deferred tax asset of A$9.7 million. read more

If there were any lingering doubts that the residential mortgage-backed securities market is making a strong comeback this year Commonwealth Bank put them to rest when it completed its latest Medallio.. read more

The dip in savings that showed up in official figures a few months ago has turned around and once again household savings rates are running ahead of borrowing rates. read more

Building society IMB Group has stopped the decline in earnings it has suffered over the past few years but has not been able to stop the decline in the value of its loan book. read more

Impaired debt buyer Pioneer Credit has released its first financial report since listing on the Australian Securities Exchange in May, highlighting a substantial increase in its investment in debt led.. read more

Perpetual's Corporate Trust division reported strong earnings growth for the year to June, on the back of higher revenue from improved securitisation markets as well as the contribution from TrustCo,.. read more

Australia's leading credit reporting company, Veda, has cautioned that the development of comprehensive credit reporting capabilities will be a long-term project. Veda said it would be a couple of yea.. read more