Margin loan balances fall further

The margin loan market is stuck in the doldrums, with loan balances and account numbers continuing to decline despite strong equity market conditions. read more

Resimac pitches Firstfolio a last-minute deal

Mortgage lender Resimac has made an eleventh-hour bid to fund the recapitalisation of Firstfolio. Resimac has put forward an alternative to the recapitalisation proposal Firstfolio's board has negot.. read more

Credit Reporting Code of Conduct goes MIA

The Australian Retail Credit Association kicked off its annual conference yesterday and over the next couple of days there will be plenty of focus on the association's core issue - credit reporting... read more

PayTag could work across institutions

The PayTag stickers that Commonwealth Bank, Coles and bankmecu have offered their customers as a way of turning their smartphones into contactless payment devices could be set up to allow users to s.. read more

Veda will use float proceeds to reduce debt

Veda Group is relying on a history of strong and consistent revenue growth to attract investors to its initial public offering. The company's revenue has grown at a compound annual growth rate of 14.. read more

ANZ wins price fixing case

The Federal Court has ruled in favour of ANZ in a case brought by the Australian Competition and Consumer Commission alleging price fixing. read more