SMEs positive about the outlook but not keen to borrow 17 April 2014 3:23PM A third of businesses plan to increase their capital expenditure over the next six months, a Commonwealth Bank survey has revealed. read more
mPOS market takes off 16 April 2014 3:36PM Bendigo Bank is the third group to enter the mobile point of sale market in as many months. A sector that has, until now, struggled to get off the ground in Australia is suddenly very active. read more
AFG prices RMBS 16 April 2014 3:34PM Mortgage aggregator and originator AFG has completed its latest issue of residential mortgage-backed securities, pricing at a significantly lower margin than when it last issued in September. read more
Teachers Mutual Bank offers flexible offset 16 April 2014 3:34PM Teachers Mutual Bank has introduced a mortgage offset facility that is available with all its mortgage products, including fixed-rate and interest-only loans. Offsets are a standard feature with varia.. read more
Credit card balances growing 16 April 2014 3:33PM Credit card balances have grown steadily over the past few months, indicating that the market is coming out of the doldrums. read more
Modest pick-up in business credit demand 16 April 2014 3:32PM Business credit demand is building, according to Veda's latest Business Credit Demand Index. read more
RMBS purple patch continues 15 April 2014 3:42PM The residential mortgage-backed securities market continues to be a ready source of funding for non-bank lenders, with A$1.1 billion of new deals in the market this week. read more
Amex marks time 15 April 2014 3:40PM Like most players in the credit and charge card market, American Express Australia marked time in 2013. The company's 2013 financial report shows a slight increase in charge card receivables, a fall i.. read more
ATM transactions near 10-year lows 15 April 2014 3:39PM ATM transactions fell heavily in February, with both the number and value of transactions down to levels last seen almost a decade ago. read more
Grimshaw won't be part of the mortgage market blood-letting 14 April 2014 3:55PM The mortgage market is an "abattoir", according to Bank of Queensland chief executive Stuart Grimshaw, who said BOQ would compete for home loan business but not match the more aggressive players in th.. read more