Medcraft warns about hybrids

Issuers of hybrid securities will have to contend with more intense scrutiny of their advertising, marketing and disclosure by regulators, ASIC chairman Greg Medcraft warns. read more

An alternative view of CommSee

Evidence in a recent breach-of-contract case brought by a former Commonwealth Bank executive reveals the difficulties the bank had implementing its customer service system, CommSee. read more

Mortgage customers want better deals

Mortgage customers have made it a priority to pay down their debt and they want their lenders to assist with better deals. According to research published by Ernst & Young yesterday, only a thir.. read more

ANZ's investment spend too high, says Deutsche

Deutsche Bank issued a note on ANZ on Friday, following ANZ's announcement of a A$1.5 billion investment in the productivity of its Australian banking operations, saying that the investment would ge.. read more

US investors keen on Aussie auto receivables

Issuers continue to tap into strong demand in the asset-backed securities market. Over the past month, Liberty Financial, Investec Bank (Australia) and National Australia Bank have completed ABS dea.. read more

Rate cuts trickle through

Two lenders announced changes to their standard variable mortgage rates yesterday, taking to just four the number of lenders that have made changes in response to the Reserve Bank's move to cut the.. read more

Lenders look for margin from rate cut

Only two lenders made changes to their standard variable mortgage rates yesterday, following the Reserve Bank of Australia's announcement that it had cut the cash rate by 25 basis points, to 3.25 pe.. read more