Re-classification hits Macquarie's lending and deposit numbers 08 May 2013 4:36PM Macquarie Bank appears to have suffered huge outflows from its mortgage and household deposit books, based on figures published by APRA last week. read more
FlexiGroup buys Once Credit 07 May 2013 4:46PM Store finance specialist, FlexiGroup, has entered into an arrangement to acquire the consumer finance company, Once Credit. read more
Kelly promises more productivity gains 06 May 2013 4:43PM Westpac overcame a period of weak income growth in the six months to Match by cutting costs and reducing impairment charges. In a result similar to ANZ's, Westpac's bottom line performance is also.. read more
Fixed-rate home loans at record levels 03 May 2013 4:41PM Mortgage brokers are writing record levels of fixed-rate loans, as borrowers take advantage of low fixed rates to cover the risk of interest rate increases over the next couple of years. read more
BPay's QR reader to go live next month 03 May 2013 4:32PM Bill payment service provider BPay is aiming to have its latest offering, a QR code reader that is linked to a payment capability, ready to go to market next month. read more
IMB makes a successful return to the RMBS market 02 May 2013 4:14PM Strong conditions in the residential mortgage-backed securities market this year are encouraging some old and new faces to join the usual suspects. In March, mortgage aggregator AFG did its first de.. read more
RMBS growth sustainable says S&P 02 May 2013 4:13PM Standard & Poor's has issued a bullish report on the Australian residential mortgage-backed securities market, suggesting that it is on track to have its highest level of issuance since 2008. read more
Gateway signs with Connective 02 May 2013 4:10PM Gateway Credit Union has expanded its third-party distribution network, after forming a partnership with the aggregator Connective. read more
ANZ targets market share growth in Australia 01 May 2013 5:05PM ANZ achieved growth above system in mortgage lending, household deposits and business lending in Australia during the six months to March 2013. And growth in market share in its traditional Australi.. read more
Business lending has stalled, again 01 May 2013 5:02PM Business lending was flat in March, month on month, after falling 0.2 per cent in February, and growth in business lending over the 12 months to March 2013 was just 1.6 per cent. read more