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Treasury had not raised any concerns about loopholes in the offshore banking unit regime in discussions it has held with the finance industry over the three years prior to its announcement in Tuesd.. read more

Commonwealth Bank reported an unaudited net profit of A$1.9 billion for the March quarter (cash profit was the same), compared with a profit of $1.75 billion for the same quarter last year. read more

The Government is to amend the existing offshore banking unit regime to make dealings with related parties, including the transfer of transactions between an OBU and a related domestic bank, ineligi.. read more

The emerging electronic conveyancing market may have hit its first speed bump with the release of the South Australian Registrar-General's proposed policy for identity verification, as it doesn't fo.. read more

Almost half of Australian small businesses have paid invoices late in the past year and close to 20 per cent pay their suppliers late on a regular basis, according to a new survey of SMEs. read more

The latest Reserve Bank credit card figures show that persistently high credit card interest rates are encouraging consumers to reduce their revolving balances. read more

The housing finance market surged in March, with a strong pick-up in both the number and value of loans. read more

National Electronic Conveyancing Development Ltd has confirmed that its electronic property exchange, PEXA, will go live with the first part of its service next month. read more

Finance brokers can add significant value for their business clients by developing a good working knowledge of the Personal Property Securities Register. read more

ASIC has told lenders it expects them to be flexible with borrowers applying for hardship relief. read more