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Investors have plenty of appetite for non-conforming mortgage-backed securities, with three deals being completed over the past two months. The latest issue to be priced is Bluestone's Sapphire XII.. read more

The High Court has confirmed the right of a liquidator of a company to "disclaim" leases granted by the company. The effect will be to terminate tenants' rights arising under such a lease. The decisi.. read more

Banks offering transaction accounts for seniors and pensioners will be asked to make sure the descriptions of these accounts do not lead consumers to think they offer "deeming" rates when they do no.. read more

Corporate trust work will play a bigger overall role in the combined businesses of Perpetual and The Trust Company when the two merge shortly. read more

The Australian Competition and Consumer Commission will not oppose Westpac's acquisition of assets from Lloyds Banking Group Australia. The regulator said the acquisition was not likely to result in.. read more

Big banks are not the only lenders buying up mortgage distribution. Mortgage company Resimac has revealed in its 2013 financial report that it wants to "own distribution channels" to gain better con.. read more

Mortgage aggregator AFG is expanding into property development. The group's 2012/13 financial report provides details of several new developments in Perth. read more

Despite the Reserve Bank leaving the cash rate unchanged since August, some credit card issuers have been putting up rates on their cards. read more

Westpac will provide Cover-More with a new A$76.9 million banking facility, once the travel insurance group has completed the initial public offering it launched this week. read more

The number of savers in the community is on the rise. Consumer research by RaboDirect reveals that the number of people who save each month has grown from 47 percent last year to 55 per cent today. read more