mPOS market takes off

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

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

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

RMBS purple patch continues

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

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