Citibank relaunches Diners 17 September 2012 5:08PM Citibank is relaunching its Diners Club business in Australia with an advertising campaign that has a strong focus on travellers. read more
Investec prices ABS 17 September 2012 5:03PM Investec Bank (Australia) has finalised the pricing of its third issue of asset-backed securities since entering the ABS market in 2010. read more
Sufficient investors ME Bank RMBS 14 September 2012 4:40PM Margins for securitisation deals are coming in, if the latest ME Bank deal is any guide. read more
The cautious consumer is not going away 13 September 2012 5:19PM Australian consumers show no sign of changing their conservative stance on financial matters. Bank deposits remain the preferred destination for savings, and spending on debit cards continues to gro.. read more
Westpac misled investors over structured products 13 September 2012 5:15PM The Supreme Court of New South Wales has ordered Westpac to compensate two investors who claim they were misled over the nature of their investment in a structured product called the Guaranteed Port.. read more
Business lending weakens 12 September 2012 4:44PM Business lending activity has fallen to its lowest level since February, suggesting that the improvement in business lending observed in recent months has run out of steam. read more
ASIC gets tough on unlicensed brokers 12 September 2012 4:43PM ASIC has become more aggressive in its campaign to shut down unlicensed brokers and has taken a Sydney broker to court. read more
Former CBA executive wins breach of contract claim 12 September 2012 4:40PM A former Commonwealth Bank executive was awarded A$317,500 compensation after he brought a breach of contract case against the bank, following his redundancy in 2009. read more
Housing finance falls 11 September 2012 4:54PM After several months, during which housing finance figures were pushed up by state government changes to buyers' subsidies, the market fell back in July. read more
Gap widens between intro and base rates 11 September 2012 4:53PM The gap between introductory rates and base rates on high-yield savings accounts is widening, leaving consumers exposed to sub-optimal rates if they do not review their accounts at the end of the in.. read more