CBA to maintain 19 per cent ROE

Analysts expect Commonwealth Bank to report a cash profit of A$7.1 billion to $7.2 billion, when it delivers its result for the year to June 2012 on Wednesday. read more

Diversification pays off for FlexiGroup

FlexiGroup's program of diversification over the past three years paid dividends in the 2011/12 financial year, with new businesses contributing the lion's share of the finance company's strong earn.. read more

Contactless at tipping point?

The jury is still out on contactless payment technology, with research suggesting only a small minority of consumers use it, while its promoters argue it is growing strongly. read more

Firstmac prices A$300 million RMBS

Mortgage lender Firstmac will pay 160 basis points and 210 basis points over swap on the respective top two tranches of its latest issue of residential mortgage-backed securities. read more