Resimac makes higher offer for RHG 16 July 2013 5:02PM Mortgage company RHG has accepted a revised takeover offer from lender Resimac, which has had to fight off a rival bid from Pepper Australia. read more
Veda contracts with NECDL 16 July 2013 5:00PM Credit reporting agency Veda has contracted with National E-Conveyancing Development Ltd to allow Veda's customers to access Australia's new electronic property exchange through the VedaCheck portal.. read more
ABA launches affordable banking website 16 July 2013 5:00PM Only six banks have met the Australian Bankers' Association's criteria for inclusion in a new website that promotes affordable banking. read more
Housing finance market makes solid gains 15 July 2013 5:25PM The housing finance market is responding to low interest rates. According to figures released by the Australian Bureau of Statistics, the total value of housing finance commitments rose two per cent.. read more
Credit and charge card account numbers fall 15 July 2013 5:22PM Over the past few years, credit and charge card issuers have got used to seeing the Reserve Bank report weak spending and account balance figures each month. The latest figures have brought a new di.. read more
Signing for card payments to be phased out next year 12 July 2013 4:19PM Card scheme operators Visa and MasterCard aim to phase out signatures as a means of customer verification in Australia by the end of June next year. read more
CNH Capital prices ABS 12 July 2013 4:15PM Finance company CNH Capital raised A$400 million of funds in the debt capital market yesterday, when it priced an issue of asset-backed securities. read more
Caution remains the watchword in consumerland 12 July 2013 4:13PM Consumer surveys released over the last few weeks paint a picture of Australian households still preferring to increase savings and reduce borrowing, being worried about the economy and cost of livi.. read more
Pepper launches counter-offer for RHG 11 July 2013 4:30PM Pepper Australia has launched a competing bid for RHG, offering 1.9 cents per share more than the offer from the bidding syndicate that includes Resimac. read more
Homeloans launches new SMSF loan 11 July 2013 4:27PM Homeloans Ltd has smartened up its self-managed superannuation fund mortgage offering in the face of increasing competition in the SMSF lending market. read more