46

Payment company Novatti will issue an Australian dollar-backed stablecoin to add to its suite of payment offerings. read more

ANZ has appointed its inaugural head of environmental markets, and a new head of commodities. read more

NAB has launched an issue of capital notes with indicative pricing between 315 and 335 basis points over the bank bill rate – 40 bps above the margin for Commonwealth Bank’s hybrid issue in March. read more

The value of new housing finance commitments fell 6.4 per cent in April, compared with the previous month.  read more

Just weeks after Resimac included A$35 million of “social bonds” in an issue of residential mortgage-backed securities, Pepper Money has completed a $300 million RMBS issue made up entirely of social.. read more

Receivables management company Credit Clear has raised A$7.5 million via a share placement, the second time this year it has raised capital to fund its ambitious expansion plans. read more

Fewer than half of all authorised deposit taking institutions have passed on any increase in their at-call deposit rates since the Reserve Bank increased the cash rate by 25 basis points last month. read more

Lenders’ business loan balances grew by 11.6 per cent over the 12 months to April – the first time business loan growth has hit double digits since 2008. read more

Thorn Group is pinning its hopes on new business finance products to help revive its fortunes, after a year when it sold its consumer finance business and was unable to originate equipment finance. read more

The Australian Financial Complaints Authority has published a report on the application of its “fairness jurisdiction”, explaining how the principle applies and setting out the steps it will take to e.. read more