ME Bank RMBS goes to the outer limits 17 April 2012 4:31PM ME Bank's latest securitisation deal is one of the most complex residential mortgage-backed securities structures put together by a small Australian issuer, reflecting the lengths to which financial.. read more
Carry-back system for business losses recommended 17 April 2012 4:28PM The Australian tax system should be changed to allow business losses to be "carried back" and offset against tax paid in earlier years, the Business Tax Working Group recommends in its final report o.. read more
Macquarie downgrades CBA ahead of strategy briefing 16 April 2012 4:53PM Commonwealth Bank chief executive Ian Narev will this week present his first strategy briefing since taking on the top job at the bank. He will do so in the wake of a downgrade from Macquarie Equitie.. read more
ANZ restructures Hastie facility 16 April 2012 4:51PM Seven banks in a syndicate led by ANZ have agreed to restructure their facility agreement with the engineering services company Hastie Group. read more
Housing finance stuck in the slow lane 12 April 2012 4:33PM The latest ABS housing finance figures confirm the view that growth in the mortgage market has settled down into the mid-single digits. read more
Fixed mortgage rates rise 12 April 2012 4:28PM Keen pricing of fixed-rate loans has kept borrowers interested in the mortgage market of late, with lenders following the swap curve down and competing aggressively in making cuts to fixed rates in.. read more
Amex on a roll 11 April 2012 4:41PM American Express is becoming a much stronger force in the credit card market, according to a report published yesterday. read more
Draft electronic conveyancing bill released 10 April 2012 4:52PM The establishment an online business platform for conducting property transactions came a step closer last week when the Australian Registrars' National Electronic Conveyancing Council issued draft.. read more
More loans, more deposits, less profit for Teachers Mutual Bank 05 April 2012 4:50PM Small financial institutions are in the frustrating position of enjoying a period of strong new business flows but of not being able to capitalise on this growth. For instance, Teachers Mutual Bank.. read more
Another Commonwealth Financial Planning adviser disqualified 05 April 2012 4:47PM The long-running investigation into the activities of a Commonwealth Bank company, Commonwealth Financial Planning, took another turn yesterday when ASIC announced the banning of another of its adv.. read more