Lenders doubt PPSR will encourage innovation 02 April 2012 4:59PM Lenders are sceptical about the prospect of the new Personal Property Securities Register encouraging innovation in the credit market, despite this being part of the rationale for a move to single na.. read more
Analysts support BOQ equity-raising, query growth prospects 02 April 2012 4:48PM Analysts support Bank of Queensland's equity-raising but query its growth prospects. read more
Mortgage turnaround supports Citibank profit growth 30 March 2012 5:55PM A big turnaround in its mortgage business was one of the highlights for Citibank in Australia in 2011. The bank released its results for the year to December yesterday and these included a 22 per ce.. read more
PPS Registrar outlines recovery plan 30 March 2012 5:51PM Speakers at the Personal Property Securities Reform conference in Sydney yesterday made no attempt to gloss over the problems users have encountered with the PPS Register in its first two months of.. read more
ING Direct pays 145 bps over swap to issue RMBS 30 March 2012 5:50PM ING Direct will pay 145 basis points over the 30-day bank bill swap rate on the top tranche of its latest residential mortgage-backed securities deal, which is the first by an Australian issuer this.. read more
Growth in mortgage lending will remain weak long term 29 March 2012 5:49PM Housing credit growth is stuck in the "mid single-digit range" for the long term, according to a JP Morgan banking analyst. read more
FlexiGroup partners with Low Carbon Australia 29 March 2012 5:45PM Finance company FlexiGroup has entered into a partnership with a government-backed organisation, Low Carbon Australia, to provide leasing products for small companies wanting to upgrade to energy-ef.. read more
Falling house prices trigger arrears 28 March 2012 5:29PM The deterioration in the housing market last year may have contributed to rising arrears, says ratings agency Fitch. read more
Bank marketing moves from acquisition to retention 28 March 2012 5:27PM Banks looking to improve their retail customer satisfaction scores should get rid of monthly account-keeping fees and improve their mobile phone access, according to banking researcher RFi. read more
Contactless usage low 28 March 2012 5:26PM Only a small number of people with contactless payment cards have used them, according to new research. read more