413

Westpac Group will launch a new brand marketing campaign for its subsidiary, St George Bank, next month. read more

The peak body for mortgage brokers, the Mortgage & Finance Association of Australia, has terminated the membership of 1100 brokers who failed to meet a set educational standard. read more

Owners of small- and medium-sized businesses have about a 50-50 chance of success with an application for credit, according to market researcher East & Partners. read more

Retail customer satisfaction with the big banks is rising, while business customer satisfaction has been flat over the past year, which is a worrying trend, says the latest Roy Morgan Research cust.. read more

ING Direct has issued A$1 billion of residential mortgage-backed securities, after launching the transaction at $500 million earlier this week. read more

Retiring QTMB boss Mike Murphy says mutuals must work harder to promote their advantages to customers. read more

Australia's biggest credit union, CUA, has completed development of a new core banking system and will start to update services in the second half of the year. read more

Treasurer Wayne Swan has introduced legislation aimed at encouraging the development of a retail market for corporate bonds. read more

The idea that the Australian corporate bond market is under-developed, relative to the bank finance market, is based on a misleading comparison, says the Reserve Bank. read more

Resi Mortgage Corporation has joined the push by mortgage managers and brokers to add wealth management to its activities, via a joint venture with Shartru Wealth Management. read more