Renminbi flourishing as a reserve currency 21 June 2016 4:32PM The renminbi is "guesstimated" to comprise two per cent or more of central banks' portfolio holdings this year, roughly triple the level of only a couple of years ago. read more
Rise in net rental losses: CoreLogic 21 June 2016 4:30PM One take on what the website Macrobusiness likes to style the population ponzi gets a work out in a new report from CoreLogic; "Profile of the Australian Residential Property Investor." read more
Australian property party a $184 bn minnow 21 June 2016 4:28PM Australian property owners resold A$184 billion worth of real estate over the 2015 calendar year, with $10.4 billion in realised losses and $173 billion in gross profit, CoreLogic explain in their rep.. read more
X5 radios card fraud at 15 per second 21 June 2016 4:24PM There's verve in the PR of one criminally inclined banking supply outfit, The CC Buddies, whoever they may be. read more
Firstmac outgrows RMBS funding 20 June 2016 4:17PM Specialist mortgage lender Firstmac is on the hunt for an equity investor and another option on realising a vision to transform into a bank. read more
Transcomm CU merges with Catholic Super 20 June 2016 4:10PM Members of Transcomm Credit Union last week cleared a demutualisation and merger with Catholic Super Fund. The Melbourne-based mutual has A$73 million in assets. read more
Household debt increase only modest 17 June 2016 3:45PM The distribution of debt in Australia remains skewed toward high-income households, which hold the majority of debt, an analysis by the RBA of data from the Household, Income and Labour Dynamics in Au.. read more
ANZ picks new head of transaction banking and new chief compliance officer 16 June 2016 3:33PM ANZ has appointed Mark Evans as managing director for transaction banking. read more
Comment: Prescribed investment lending rates a risk 15 June 2016 4:43PM With too many investment borrowers paying loans back at rates in excess of five per cent and home loans available at rates of less than four per cent, there's one easy remedy to Australia's budget con.. read more
NAB plots Asian sale 14 June 2016 4:18PM Selling National Australia Bank to an Asian name is one promising strategic choice apparently occupying thinking on the NAB board. read more