Tighter conditions aid Elderslie 28 April 2008 4:33PM A lack of cash liquidity and tightening lending parameters at banks are forcing businesses to explore other equipment attaining options. read more
Elderslie aiming at lease securitisation 28 April 2008 4:32PM Elderslie Finance Corporation uses debentures for a third of funding, with the remainder financed through bank lending and securitisation. read more
Mortgage volume up on tighter margins 24 April 2008 4:23PM The Personal division for ANZ recorded a growth of 11 per cent in profit to $719 million, with revenue also up 11 per cent for the 12 months to March 2008. read more
Rabobank chases exotic deposits 23 April 2008 4:17PM In recent years retail investors have become more educated with their investment decisions, with banks now tailoring more sophisticated products to the retail market as they chase deposits to fund len.. read more
Banks chase cash with interest 21 April 2008 4:30PM Investors long cash are continuing to benefit as banks fight for their short-term deposits with rate returns exceeding eight per cent. read more
Credit unions ditch brokers 17 April 2008 4:20PM Credit Union Australia and Savings & Loans have stopped offering loans through brokers, with Police & Nurses cutting loans sourced through brokers to five per cent. read more
50 year wind up for First Permanent 17 April 2008 4:18PM Merrill Lynch has pulled the funding plug on First Permanent. The firm ceased to write new business last Friday and advised originators earlier this week. read more
EDS earns more from less 14 April 2008 4:31PM EDS Australia is working its assets, and perhaps its people, harder as the firm adjusts to the loss of a chunk of revenue from its key customer, Commonwealth Bank. read more
United folds into CPS 10 April 2008 4:57PM Community CPS Australia, established in 2006 via the CPS Credit Union SA and CPS Credit Union Co-operative ACT merger, yesterday announced further expansion plans, with United Credit Union agreeing to.. read more
NAB grants soft loans to Traditional Credit Union 10 April 2008 4:56PM Traditional Credit Union will more than double its capital resources with the aid of an interest free loan and a cash grant from National Australia Bank. read more