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APRA still "does not have a view on the 'right' size of the credit union industry or the 'right' number of credit unions", APRA chair John Laker told an industry convention yesterday. read more

The asset quality issues of lenders that have bugged the earnings of mortgage insurer Genworth in Australia are starting to improve, while new business levels are also improving. read more

Mike Hirst, managing director of Bendigo and Adelaide Bank, used the bank's annual general meeting yesterday to outline some issues the bank wants addressed at the forthcoming financial system inqui.. read more

MyState Financial remains on the hunt for another deposit-taking entity to take over. read more

The aftermath of Commonwealth Bank's 2008 takeover of Bankwest continues to distract management - and consume the passions of aggrieved customers. On Saturday, The Sydney Morning Herald reported tha.. read more

Underlying earnings at the Reserve Bank of Australia in the year to June 2013 were A$700 million, about the same as the previous year and "very low by historical standards", the bank said in its ann.. read more

ME Bank is yet to meet a key financial goal, even as the bank ploughs along with a pricey investment program and business restructuring that it hopes will enable it to finally earn its industry supe.. read more

Commonwealth government bonds will be in more abundant supply as the new Australian government faces up to the fiscal choices ahead of it. The Australian Office of Financial Management says treasury.. read more

Many trade credit suppliers have yet to register their security interests with the Personal Property Securities Register, National Credit Insurance (Brokers) believes. NCI collates research on trade.. read more

Growing revenue by expanding the business is top of mind for a couple of the more dynamic mutual ADIs in New South Wales. read more