BoQ getting back in shape 15 November 2013 5:24PM Bank of Queensland will spend the next few years putting right years of stagnation in many parts of its business. Bank executives briefing analysts at a strategy day yesterday outlined plans for new.. read more
Corporate finance market subdued 15 November 2013 5:22PM The value of syndicated corporate loans originated in Australia during the September quarter was US$11.7 billion, according to the latest figures released by KPMG. read more
Westpac turns to Asian advisers 15 November 2013 5:20PM Westpac Institutional Bank has set up an Asian advisory board to work with WIB management on its strategy in the region. read more
Super products may be covered by the FCS 15 November 2013 5:19PM Superannuation products may be covered by the Financial Claims Scheme. The Australian Prudential Regulation Authority issued technical guidance to authorised deposit-taking institutions this week, i.. read more
Teachers Mutual Bank opens third-party channel 14 November 2013 5:49PM Teachers Mutual Bank has entered the third-party mortgage distribution market, with the announcement yesterday that it has formed partnerships with the aggregators Connective and eChoice Home Loans. read more
Consumers more confident but no less cautious 14 November 2013 5:47PM Consumer confidence has reached its highest level since 2010, as households enjoy the wealth effect of rising house prices, but people remain cautious. They are still looking to repay debt rather th.. read more
AFG hires home loans GM 14 November 2013 5:46PM Mortgage aggregator AFG has hired a debt capital markets specialist to help drive its push into securitisation and mortgage management. The former head of risk in debt markets at National Australia.. read more
Financial system Inquiry must focus on economic development, says Hartzer 13 November 2013 5:56PM The Treasurer's proposed financial system Inquiry should focus on what needs to be done to facilitate improvements to Australia's physical and virtual infrastructure, a senior banker said yesterday. read more
Consumers pay down their credit card balances 13 November 2013 5:51PM Purchases on credit cards are growing at a healthy rate, but consumers continue to avoid personal debt and are paying off more of their card account balances each month. read more
ThinkSmart appoints new CEO 13 November 2013 5:47PM Chairman and chief executive of the point-of-sale finance company ThinkSmart, Ned Montarello, has given up some of his control of the business, which has been working its way out of a slump that has.. read more