Cross-border lending activity strong in Asia 04 June 2014 3:44PM Asia was the centre of the action for cross-border lending during the December quarter, according to the latest Bank for International Settlements quarterly review. read more
Ineffective fine and penalty system contributes to financial hardship 04 June 2014 3:44PM Victoria's ineffective system of court fines and infringement penalties exacerbates financial hardship, according to a report by the Sentencing Advisory Council. read more
Big jump in credit application fraud 03 June 2014 3:21PM Credit application fraud is at its highest level since 2009, according to data drawn from Veda's fraud database. read more
SAI Global open to offers 03 June 2014 3:20PM SAI Global has been approached by a number of parties expressing interest in buying the group or its businesses and will, as a result, establish a formal process to review its options. read more
IT security skills lacking 03 June 2014 3:20PM Australian business managers, including those in large financial institutions, need to improve their IT security awareness and skills, according to the latest CERT Australia cyber crime survey. read more
PEXA starts to gather momentum 03 June 2014 3:19PM Some time this week the mortgage processing company FMS will discharge a mortgage on behalf of one of its clients, Suncorp. What will make this discharge different is that it will be completed electro.. read more
RMBS pricing continues to improve for big lenders 02 June 2014 3:36PM Westpac has shaved several basis points off the cost of its mortgage securitisation funding, with the pricing of its latest issue of residential mortgage-backed securities coming in below 80 bps. read more
Pricing improves for small lenders too 02 June 2014 3:35PM The big banks are not the only issuers finding plenty of willing investors in the residential mortgage-backed securities market. On Friday, Resimac increased the size of its latest issue, Premier Seri.. read more
Westpac struggles to return to system 02 June 2014 3:34PM It's almost a year since Westpac chief executive Gail Kelly announced that the bank was making a "tilt to growth", with a return to system growth in the Australian mortgage market. read more
ASIC concerned about inadequate disclosure of hybrid risk 02 June 2014 3:33PM The Australian Securities and Investments Commission has identified a number of shortcomings in disclosures about hybrid securities and their marketing. read more