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A group of credit unions and building societies has completed a subordinated debt issue that will provide funding for all 17 mutuals in the group and is the culmination of more than a year's work on.. read more

ATM operators will be affected by the Australian Government's gambling reforms as it includes a restriction on the use of ATMs at gaming venues. read more

The Australian Government has asked the Commonwealth Consumer Affairs Advisory Council to inquire into the state of the mobile applications market. read more

Westpac senior executives were keen to dismiss recent negative analyst commentary, which argues the bank's business model is not sustainable, when the bank presented its 2011/12 results yesterday. read more

Westpac made a net profit of $5.9 billion in the 12 months to September - down 15 per cent on the previous year. read more

Federal Court judge Justice Jayne Jagot delivered a scathing judgement in assessing the process that led to the ratings agency, Standard & Poor's, giving a debt derivative devised by ABN Amro an.. read more

People's Choice Credit Union completed its first issue of residential mortgage-backed securities for 2012 yesterday, when it priced a A$450 million issue. read more

Second-tier lenders maintained growth in their mortgage books over the past three months, despite flat conditions in the market overall. read more

In a year when consumers have been concerned more than ever to get the best price deals on their loans, it should be no surprise that mortgage manager State Custodians has had its best ever result. read more

Personal loans are taking over from credit cards as the preferred form of unsecured personal finance. read more