Loan arrears will worsen: Moody's 

Delinquencies and defaults for Australian prime residential mortgage-backed securities "will increase slightly from their current low levels, owing to below-trend economic growth," Moody's Invest.. read more

Country First CU calls it a day

Members of Country First Credit Union this week voted in favour of the amalgamation of the Griffith-based mutual with Beyond Bank Australia. The merger is due to take effect on April 1. read more

Pepper credit managers stage MBO

The senior executives of Pepper Investment Management, a boutique credit investor, finalised a management buyout of Pepper Group's controlling 75 per cent stake. read more

Sloppy ANZ unable to enforce guarantee

ANZ has failed for a second time to persuade a court that a director's guarantee may be enforced in connection with a business loan advanced to a properly developer in 2006. read more