Capital Finance prices Bella Trust ABS 23 November 2011 5:58PM Equipment finance company Capital Finance Australia has completed its third auto loan securitisation for the year, with the pricing of an A$568.3 million issue - Bella Trust No.2 Series 2011-3. read more
Thorn Group reports 30 per cent profit growth 23 November 2011 5:53PM Thorn Group yesterday reported revenue growth of 20 per cent for the six months to September and a 30 per cent increase in net profit. The result was boosted by the addition of earnings from Nationa.. read more
APRA flags securitisation rethink 22 November 2011 5:34PM The Australian Prudential Regulation Authority is considering a radical simplification of the structure of securitised debt issues to overcome what it sees as "gaming" by issuers. read more
ASIC may regulate RMBS issuers 22 November 2011 5:32PM The Australian Securities and Investments Commission is reviewing whether it should mandate a set of industry standards that have been drawn up for RMBS issuers. read more
Doubts rise after covered bond debuts 22 November 2011 5:30PM The initial foray by Australian banks into the covered bond market appears underwhelming, with delegates at yesterday's Australian Securitisation Forum conference concurring that the pricing of the.. read more
Margin lending crash 18 November 2011 5:23PM It is not only consumers who are reducing their debts. The latest Reserve Bank data on margin lending, released yesterday, show that investors are also deleveraging. read more
ACCC gives CBA and Count the green light 18 November 2011 5:20PM The Australian Competition and Consumer Commission will not oppose the Commonwealth Bank's acquisition of the financial planning group, Count Financial. read more
ASIC hands out mortgage broker report cards 18 November 2011 5:16PM Mortgage brokers have shown a consistent level of compliance with their responsible lending obligations, the Australian Securities and Investments Commission has found. read more
Bendigo and Adelaide expands wealth business 17 November 2011 5:49PM Bendigo and Adelaide Bank announced yesterday that it had acquired a Melbourne financial planning company, AIM Financial Services. read more
Debtor finance market recovers 17 November 2011 5:48PM After a lean 2010, the debtor finance market has regained its momentum this year and has recorded growth well in excess of the broad commercial lending market. read more