91

APRA has notified authorised deposit-taking institutions that from the start of next year it will no longer require a minimum level of earnings retention, freeing the banks to return to higher dividen.. read more

Mortgage lender Resimac has broadened the investor base for its residential mortgage-backed securities, including yen-denominated notes in an issue for the first time. read more

Commonwealth Bank is trialling a new interest-free credit service called AdvancePay, offering customers up to $750 without interest. read more

People who use reverse mortgages as part of their retirement income planning tend to be satisfied with the product, mainly because it allows them to continue to live in their homes. Most other people.. read more

The temporary increase in the contactless card payment limit from $100 to $200, which was due to end on December 17 has been extended until March 17 next year, the Australian Payments Network announce.. read more

ME Bank has raised $1 billion through an issue of residential mortgage-backed securities, pricing at the tightest margins seen since the beginning of the pandemic and possibly longer. read more

A bill amending the National Consumer Credit Protection Act, which was introduced in the House of Representatives this week, includes protections for consumers taking out small amount credit contacts.. read more

The government introduced two pieces of financial services legislation in the House of Representatives yesterday – a bill amending the National Consumer Credit Protection Act and another that includes.. read more

Bendigo and Adelaide Bank has a franking balance that is equal to a whopping 10 per cent of its $4.9 billion market capitalisation, placing it second to BHP on a list ASX100 companies ranked by the pr.. read more

Bank of Queensland, which was identified earlier this year as the authorised deposit-taking institution with the highest level of deferred loans, has reported a significant fall in deferral numbers ov.. read more