CEFC misses 'unrealistic' mandated return 02 November 2016 5:11PM The Clean Energy Finance Corp missed its mandated investment return by a wide margin over the year to June 2016, producing a yield of 4.65 per cent. CEFC's yield had fallen for a second year in a row. read more
Comment: Junk endures amid ANZ Asia reset 01 November 2016 5:36PM <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:auto; mso-font-pitch:variable; mso-font-signature.. read more
ThinCats rations lending and hunts 'significant capital' 31 October 2016 4:53PM ThinCats, a peer to peer lender, has its eyes on a "significant capital raising" in 2017. But for now ThinCats is rationing new lending. read more
ANZ slings profit into the blender 31 October 2016 4:49PM A provision to cover the cost of firing more staff and a more "modern" method of valuing derivatives are two features in a last minute profit warning from ANZ. read more
Westpac steps up branch closures 31 October 2016 4:46PM Westpac will chop 86 roles from different parts of its business and close five more branches, taking recent closures to around 40. read more
NAB searches for returns and rationale in institutional banking 28 October 2016 5:11PM Institutional banking is a discipline rediscovered at National Australia Bank. Results for FY2016 are patchy. read more
Unemployment elevates arrears at major banks 27 October 2016 4:39PM Home loan arrears at major banks are stuck above one per cent. Regional unemployment is one factor. read more
'Undervalued' unit sales leave Westpac on defensive 24 October 2016 4:43PM A court will scrutinise the actions of KordaMentha as receiver over a Queensland property development, amid claims of security property being sold well below value. read more
Brisbane and Melbourne 'carry most unit risk': CoreLogic 24 October 2016 4:40PM Cameron Kusher from CoreLogic puts the spotlight on risks around the unit building frenzy. read more
Non-bank 'has capacity' to be bank 21 October 2016 4:54PM One non-bank entity with its eyes on a banking licence in Australia might be making progress with an application before APRA. read more