Trio of Melbourne mutuals unite 08 September 2011 4:17PM Three Victorian credit unions have received the blessing of the Australian Prudential Regulation Authority for their proposed merger and have called special general meetings for later this month so.. read more
Monetary policy keeps the lid on borrowing 07 September 2011 4:25PM Consumer credit inquiries in the June quarter were down 5.1 per cent on the previous quarter, according to the latest Veda Advantage consumer credit demand index. read more
SME profits down, capex on hold, credit demand weak 06 September 2011 4:42PM Almost half the country's small businesses suffered a fall in earnings during the three months to the end of July and the majority are expecting to keep their capital expenditure plans on hold. read more
Borrowers respond to fixed-rate discounting 06 September 2011 4:40PM Borrowers have responded to the aggressive cutting of fixed home loan rates over the past couple of months by refinancing with "cheap" fixed rate loans. read more
ANZ puts TDs on OnePath platforms 05 September 2011 4:08PM ANZ is the latest bank to put a range of term deposit products on its wealth management division's investment platform. OnePath is offering ANZ term deposits ranging from three months to five years.. read more
ING struggles to regain share 02 September 2011 4:06PM After losing market share in home loans and deposits last year, ING Direct set out to turn things around this year. At the half-way mark the results are mixed. read more
IMB completes first CMBS issue since 2007 02 September 2011 3:58PM IMB will pay 185 basis points over the one-month bank bill swap rate for funding through an issue of commercial mortgage securities. read more
Distant target suits MyState 01 September 2011 4:43PM MyState managing director John Gilbert is confident the Tasmanian group's extensive product set will appeal to the customer base of The Rock Building Society, based on Queensland's Capricorn Coast. read more
MyState still awaits growth from Tasmanian Perpetual 01 September 2011 4:41PM Tasmania's financial services group, MyState, is yet to see any earnings growth from Tasmanian Perpetual Trust, the business it acquired in 2009. read more
The Rock loses ground 01 September 2011 4:39PM Earnings for the Rock Building Society fell four per cent in the year to June 2011. read more