281

Wesfarmers has cashed in its major investment in financial services, which is in insurance, but has opted to retain its premium funding business. read more

Mortgage manager FirstMac is treading water in the home loan market, with originations "unchanged" in the year to June 2013, and "broadly equivalent to the level of discharges", according to its 201.. read more

Improved levels of confidence are yet to translate into an increased demand for credit, Lindsay Maxsted, Westpac's chair of the board, told the bank's annual meeting on Friday. read more

ANZ will have more latitude to adjust interest rates charged to business borrowers. The bank says it will no longer include business loans in its monthly interest rate review. read more

National Australia Bank offered the Finance Sector Union an increased pay rise for its members last week. However, the union has derided the offer. read more

The Finance Sector Union provided an antidote to the common bank management meme of improving staff engagement with a caustic overview of prominent workplace issues detailed in its annual report. read more

Liberty Financial was one of the fastest growing lenders in Australia over the 2013 financial year. read more

The much-hyped entry into the Australian market of Sony Bank may not be happening. read more

The 2013 financial year was one of contrasts for the leviathans of the lenders' mortgage insurance market in Australia. QBE Lenders' Mortgage Insurance recorded a hefty underwriting profit, but Genw.. read more

In a measure of the significance of self-managed super funds as a target market for banks, National Australia Bank briefing documents show that 31 per cent of the turnover of its stock broking arm,.. read more