Business lending may have stalled again

The housing finance market continued its steady recovery in September, but the business lending market may have stalled again. According to the latest Reserve Bank figures, housing finance balances.. read more

ASIC asks for a bigger toolkit

The Australian Securities and Investments Commission has used its submission to a Senate inquiry into its performance to argue for higher standards for financial advisers, tighter controls on "bad a.. read more

Credit markets still fragile, Citi warns

Financial institutions have enjoyed the benefits of low margins on bonds, asset-backed securities and other debt issues this year, but they should recognise that the global credit market is fragile.. read more

APRA offers some relief from FCS requirements

The Australian Prudential Regulation Authority has offered authorised deposit-taking institutions interim relief to help them comply with aspects of the rules governing the Financial Claims Scheme. read more

ANZ: results at a glance

ANZ reported a net profit of A$6.3 billion for the 12 months to September - an increase of 11 per cent on the previous corresponding period. On the bank's preferred measure, cash profits, earnings r.. read more

ANZ is going for growth in Australia

ANZ's Australian division has the right settings to maintain above-system growth in retail and commercial banking, the bank's chief executive, Mike Smith, told analysts at the bank's results briefin.. read more

bankmecu offers PayTag

bankmecu will offer its customers PayTag, a technology that allows users to make contactless payments from their mobile phones. read more

Consumers warned to check revert rates

The comparison website finder.com.au has issued a warning to borrowers to check the "revert rate" of lenders when shopping for a fixed-rate mortgage. It said some lenders were putting borrowers on h.. read more

AFG gets better pricing with second RMBS

Mortgage aggregator AFG has completed its second issue of residential mortgage-backed securities for the year, with pricing on the latest deal being lower than on its inaugural issue in March. read more