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Banks continue to enjoy strong deposit flows, which have run ahead of credit demand over the past year. But, in the past few months, there has been a marked slowing in flows. read more

ING Direct is the only Australian piece of the ING Group still in the Netherlandsgroup's hands after UBS announced yesterday that UBS Global Asset Management would acquire ING Investment Management.. read more

With the ban on mortgage exit fees just a day away, early indications are that the change will be every bit as anti-competitive as the critics said it would be. While small lenders were announcing n.. read more

Basel III reforms that focus solely on regulation "will not get the job done", a senior regulator said yesterday. APRA's executive general manager of diversified institutions, Wayne Byres, said there.. read more

The market for lending to superannuation fund trustees, which opened up after changes to superannuation legislation in 2007, has proven to be a difficult one. read more

Store finance specialist FlexiGroup priced its first public issue of asset-backed securities yesterday, when it announced that it would pay 130 basis points over the bank bill swap rate for the top.. read more

Too many mortgage and finance brokers still act as order-takers for lenders and have not accepted the changes in the industry under National Consumer Credit Protection, according to a leading mortga.. read more

The prohibition on mortgage exit fees, contained in a regulation that passed by the Senate on Wednesday, does not apply to break fees or discharge fees, nor to  some other fees. The exit fee ba.. read more

Uncertainty about the application of the responsible lending rules under National Consumer Credit Protection has made lenders cautious in their handling of non-standard credit applications. read more

Intermediaries in the consumer credit market have changed their approach to licensing under the National Consumer Credit Protection regime, with the majority preferring to operate as credit represen.. read more