Household savings flat 01 August 2014 4:05PM The trend of high household savings rates triggered by the financial crisis appears to have come to end. Australian Prudential Regulation Authority and Reserve Bank figures published yesterday show th.. read more
Lending standards not deteriorating, says Genworth 01 August 2014 4:02PM Mortgage insurer Genworth is confident that mortgage lenders are not lowering their standards as they fight for share in a highly competitive housing finance market. read more
Credit repair companies need to be regulated 01 August 2014 4:00PM The Consumer Action Law Centre has stepped up the growing campaign against credit repair companies, calling for them to be regulated. read more
Comerford says value of LMI must be supported 31 July 2014 3:47PM The Financial System Inquiry should not baulk at a proposal to reduce risk weights for insured loans because of concerns it might have an impact on competition, the head of the country's leading mortg.. read more
Strong housing market boosts Genworth 31 July 2014 3:47PM Strong growth in Australian house prices over the past year has led to a halving of claims payouts by mortgage insurer Genworth Mortgage Insurance Australia, which is on track to exceed prospectus for.. read more
Regional banks have more advocates than the big four 31 July 2014 3:44PM Bendigo Bank customers are the most inclined to recommend their bank to friends and colleagues, a Roy Morgan Research survey has found. read more
SPAA issues best practice guidelines for SMSF lending 30 July 2014 3:42PM The SMSF Professionals Association of Australia has developed a set of best practice guidelines for lending to self-managed superannuation funds. Yesterday SPAA issued separate guidelines for lenders.. read more
Lenders beware: SMEs are higher risk 30 July 2014 3:40PM The rate of business insolvency, relative to the total number of companies in Australia, has more than doubled over the past 15 years, reflecting an increase in the risks involved in running a busines.. read more
BPS Technology launches IPO with ambitious growth targets for Bartercard 29 July 2014 4:02PM BPS Technology has set ambitious growth targets for its core business, Bartercard, in a prospectus issued yesterday. The company, which plans to list on the Australian Securities Exchange in September.. read more
Tax refunds will go to debt reduction and savings 29 July 2014 3:59PM Close to half the people receiving a tax refund this year will use it to repay debt and more than one-third will save it. read more