Investec refinances failed miner 23 May 2012 4:55PM Investec Bank Australia has shown there are still a few risk-takers left in the banking market by taking over the funding of failed Queensland base metals miner Kagara Ltd. read more
Lenders revamp investment loans 23 May 2012 4:53PM Lenders are overhauling their investment loan products in a bid to overcome investors' reluctance to borrow to buy shares and buy into managed funds. read more
AMP mortgage bonds pricey 21 May 2012 4:37PM Last week produced two issues of residential mortgage-backed securities - a rather rare class these days - with the second of these issues, from AMP Bank, faring worse than the RMBS sold by Westpac.. read more
'Volatile' markets' income worries analysts 21 May 2012 4:35PM Sell-side banking analysts are not convinced about the big banks' reliance on income from volatile markets' business and the latter's ability to produce income growth in the March half-year. read more
Margin loan balances hit a new low 18 May 2012 4:52PM Margin loan balances hit an eight-year low in the March 2012 quarter. Reserve Bank figures published yesterday show a fall from A$15.1 billion in the December quarter to $14.9 billion in March. read more
Contactless payments struggles with cardholders 18 May 2012 4:50PM Consumers are proving slow to respond to innovation in the payments market, according to new research. read more
Westpac pays 140 bps over swap rate on RMBS 17 May 2012 5:02PM Westpac will pay 140 basis points over the one-month bank bill swap rate on the A$1.06 billion top tranche of its latest issue of residential mortgage-backed securities. read more
Australian Unity pursues mutual consolidation model 17 May 2012 5:00PM Australian Unity chief executive David Bryant is on the lookout for merger opportunities and believes he has a good model for consolidating mutuals. read more
Underlying questions over banks' cash profits 17 May 2012 4:55PM The major banks failed to meet their obligations for reporting non-statutory earnings figures in the half-year results presentations they have issued over the past few weeks. read more
Asset quality weakens at Suncorp 16 May 2012 4:40PM Suncorp Bank suffered a deterioration in the asset quality of its core bank during the March quarter. read more