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IMB Ltd will pay 425 basis points over the bank bill swap rate for A$30 million of notes it issued yesterday. read more

Banks offering retail and small business customers foreign currency loans have been asked to review their communications with borrowers about the risks involved in taking out such loans. read more

The Productivity Commission has called for an overhaul of the Export Finance and Insurance Corporation, after finding that its business model did not meet its charter and nor did it produce an adeq.. read more

IMB shareholders have given the thumbs down to a buyback plan that the building society's board announced last month. read more

Westpac will record A$165 million of additional tax expense in its 2011/12 results as a results of amendments to the Taxation of Financial Arrangements legislation. read more

Mortgage specialist Firstfolio has appointed former Commonwealth Bank institutional banking executive David Hancock to head the company. read more

The business outlook among Australia's mid-market businesses fell over the past six months, putting investment on hold, says a new survey. read more

ThinkSmart moves to securitised funding as it looks to sell to external investors. read more

The business services group, SAI Global, is the tip to be the buyer of Perpetual's mortgage servicing business, which the wealth management company is shedding as part of a business transformation. read more

Banks use below-the-line accounting to overstate earnings, according to UBS analyst. read more