BankWest lacks traction in deposit market

BankWest may be developing brand recognition in the eastern states but it is losing  traction in the deposit market of late, as savings pushed out of the stock market flow into the big banks rath.. read more

Lending growth constrained for credit unions

The short- to medium-term outlook for credit quality in the credit union sector is somewhat sour, with those reliant on securitisation suffering pressure on profits. This will, in turn, accelerate con.. read more

Mortgage delinquencies still to peak

Westpac reported growth of 13 per cent, to $133 billion, in the mortgage book in the year to March 2008, and (thanks to the credit crunch) at a level in excess of "system" credit. read more

Debenture pool in decline

The size of the debenture pool of unlisted debt market may be on the wane, in the wake of the collapse of a number of property development financiers and increasing regulatory attention from ASIC. read more

Patchy compliance with ASIC benchmarks

The Australian Securities and Investment Commission last week released findings on the compliance of financiers selling unlisted and unrated debenture market against eight benchmarks developed last ye.. read more