No need for Bendigo to settle Great Southern class action 15 December 2014 4:24PM Bendigo and Adelaide Bank may have erred on the side of generosity - and burnishing its own reputation - in electing to settle a long running legal wrangle over agribusiness loans connecte.. read more
Credit demand turns down 15 December 2014 4:23PM The mid-year bulge in demand for commercial credit has reversed, monthly flow data from the Australian Bureau of Statistics shows. read more
Westpac queasy on capital target 15 December 2014 4:22PM Lindsay Maxsted, chair of Westpac, on Friday voiced unease over the tenor of key recommendations of the Financial System Inquiry. read more
Liberty clarify consolidated profit 15 December 2014 4:19PM Liberty Financial on Friday produced consolidated, though abridged, financial results for its year to June 2014. read more
Briefs: MyState pays up for RMBS, hybrid bank bonds disliked in survey 15 December 2014 4:18PM A securitisation of prime mortgages originated by MyState Bank and The Rock Building Society, through the Conquest 2014-2 Trust, produced pricing at the high end of a recent range for mortgage-backed.. read more
Margins a mess for largest non-banks 12 December 2014 4:21PM Australia's largest non-bank lenders struggled with lower margins (and in one case, losses) over the 2014 financial year. FirstMac, Resimac and Liberty Financial all produced patchy returns last year. read more
Marketlend jostles in P2P sector 12 December 2014 4:20PM Marketlend, another P2P style lender, is making its debut in the Australian market. read more
Demand driving investment lending flurry 11 December 2014 4:54PM An air of reconsideration must soon take the wind out of the mortgage market's sails, as the banking sector ponders the implications of the APRA and ASIC crack down on more adventurous home loan pract.. read more
Money3 short term lender roll up proceeds 11 December 2014 4:51PM Money3 will acquire the "assets and business" of Paid International, the Melbourne-based financier confirmed yesterday. read more
APRA and ASIC pull the leash on risky lending 10 December 2014 4:51PM Rapid growth in loans to investors and related forms of higher risk lending by banks will draw elevated "supervisory intensity" from financial regulators over coming months. read more