Savings goals getting harder to achieve 24 April 2014 3:32PM Australian households are maintaining their focus on increasing savings, with 82 per cent of respondents to a new survey saying they would use an increase in salary to reduce debt and add to savings. read more
Borrowing not on the CFO agenda 23 April 2014 3:40PM Australia's chief financial officers are preparing to expose their businesses to higher levels of risk in the year ahead, as they pursue growth opportunities. But not many will be increasing their bor.. read more
Small mortgage lenders lose momentum 23 April 2014 3:35PM Small mortgage lenders took market share from the big banks last year but have not been able to maintain the momentum in the first quarter of this year. read more
Cash rewards downgraded 23 April 2014 3:35PM Credit card issuers have downgraded the value of cash rewards over the past couple of years, while improving their merchandise and shopping voucher offers. read more
Pepper issues non-conforming RMBS at tighter margins 23 April 2014 3:34PM Non-conforming issuers in the securitisation market are enjoying the same reduction in margins that prime issuers have reported this year. Pepper Australia completed a A$500 million issue of non-confo.. read more
ThinkSmart outlines UK expansion plans 22 April 2014 3:20PM Point of sale finance specialist ThinkSmart has formed a partnership with a new retailer in the United Kingdom and has introduced a new finance product in that market, as it shifts its focus from Aust.. read more
EDR at risk from claims management industry 22 April 2014 3:20PM Australia's external dispute resolution system is in danger of being undermined by predatory "claims management" companies, the Financial Ombudsman Service has warned in its submission to the Financia.. read more
When it comes to business banking satisfaction, no bank dominates 22 April 2014 3:19PM Different business segments have distinct preferences when it comes to banks, according to the latest DBM Consultants Business Financial Services Monitor. read more
RMBS managed funds prove their worth 17 April 2014 3:25PM Three years after its launch, Firstmac's High Livez mortgage securities fund has A$35 million under management. That is not big, but Firstmac's chief financial officer James Austin believes that, thro.. read more
The RBA can't say why we are saving more 17 April 2014 3:24PM The cause of one of the most important changes in Australian household financial behaviour in recent times - the rise in savings levels - is not clear, according to Reserve Bank research. read more