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Remuneration services group McMillan Shakespeare's acquisition of Interleasing has proved a good buy, with the leasing business making a strong contribution to group earnings in 2010/11. read more

Commonwealth Bank will be hoping to grab a bigger share of the self-managed superannuation market with its acquisition of Count Financial. read more

Australian finance sector bodies lobbying for exemptions from the US Foreign Account Tax Compliance Act are unlikely to make any gains, according to a leading FATCA consultant. read more

The Australian Securities and Investments Commission wants banks and other financial services providers to do a better job of explaining the risks and costs, along with the benefits, of the products.. read more

The IMB board yesterday warned shareholders to expect lower returns as the group prepared itself for higher capital and liquidity requirements under Basel III. This saw the Wollongong-based building.. read more

Mortgage lender Homeloans Ltd is caught between the strong growth of its branded loan book and accelerating run-off of its securitised portfolio. The result was a fall in net profit and earnings per.. read more

Financial planning group Count Financial, which services a network of accountants, has failed to make headway in developing a loan-broking service, with the company reporting yesterday that loans u.. read more

Receivables management company Collection House has produced a 13 per cent increase in net profit for the year to June, on the back of a 65 per cent increase in debt purchases during the year. read more

Payday lenders will be required to give their customers information about cheaper finance alternatives under new rules proposed by the Government. read more

Borrowers are holding on to their home loans longer, according to broker Mortgage Choice, and this trend is having consequences for lenders and intermediaries. read more