Australian Unity bond not so simple

Australian Unity is in the market to sell around A$200 million in ASX-listed unsubordinated and unsecured bonds from retail investors. The minimum amount sold will be $50 million. read more

RBA unfazed by mortgage rate hikes

The effect of the current wave of out of cycle home loan rates rises on the economy "may not be large," a sanguine Reserve Bank of Australia governor told a social conference yesterday. read more

Bad debts fade away at CBA

The credit quality story continues to improve in the industry, with a marked improvement for Commonwealth Bank disclosed in its quarterly earnings over the three months to September 2015. read more

Latitude taken with GE Capital sales

Latitude Financial Services will be the new name of the GE consumer finance business in Australia and New Zealand, the buyers of the business said yesterday. read more