ANZ shows benefits of Asian strategy 22 August 2011 4:48PM More than half of ANZ's lending growth in the June quarter came from its Asia Pacific, European and American (APEA) businesses, giving the bank a good source of diversification away from the low-gro.. read more
TDs on the way down 22 August 2011 4:47PM Term deposit rates have come down by around 30 basis points since the start of the month, as deposit-takers adjust to movements in wholesale markets and take advantage of easier competitive conditio.. read more
Firstfolio feels the strain 19 August 2011 4:54PM Mortgage specialist Firstfolio is showing signs of strain, as it copes with the management demands of a very busy acquisition program over the past couple of years. read more
HSBC keeps the credit cards coming 18 August 2011 4:18PM HSBC Australia has been the leader in the credit card market over the past year and this week launched a new card it hopes will help maintain that momentum. read more
Business credit inquiries pick up 18 August 2011 4:16PM Demand for business credit has been flat over the past year, but a pick up in inquiries in the June quarter might signal the start of a turnaround. read more
Credit Corp reports strong earnings growth 17 August 2011 4:54PM Debt collector Credit Corp reported a big increase in earnings in the year to June on the back of more efficient collections and a successful business expansion program. But the company warned that.. read more
Fixed rate changes all over the place 17 August 2011 4:51PM Lenders continued to cut fixed mortgage rates this week, with ANZ, HSBC, CUA and Aussie all announcing cuts during the past couple of days. Comparison site Infochoice reports that 32 lenders have ta.. read more
GE deal gives Pepper a platform for growth 15 August 2011 4:33PM Non-conforming lender Pepper Australia will use its acquisition of GE Capital's residential mortgage portfolio as a platform for expansion into prime lending; greater penetration into the mortgage-s.. read more
Storm hits Wide Bay 12 August 2011 4:19PM Floods and storms in Queensland earlier this year have led to a slowdown at the Bundaberg-based building society, Wide Bay Australia. Loan approvals for the year to June were $308 million, compared.. read more
Analysts keeps Bendigo and Adelaide Bank on hold 12 August 2011 4:15PM Analysts were unimpressed with Bendigo and Adelaide Bank's earnings report this week, with reports sighted leaving the stock on "neutral" or "hold" recommendation. read more