Three vie for sub-prime car lender

The finance company behind sub-prime car lender Motor Finance Wizard remains in the red for the third year running, disclosure documents relating to the forced sale of the business show. read more

NAB fulfils business bank's cost targets

National Australia Bank is to relocate hundreds of support staff working alongside business bankers to seven sites in five mainland capital cities, but no job losses are planned. read more

Finance firms survive best

New businesses operating in or on the fringes of financial services appear to have been more resilient than the average business during the era of the GFC. read more

Macquarie hybrid hits price target

Macquarie Group is to sell A$600 million in capital notes, the bank said yesterday. This is sufficient to retire the convertible preference shares that the new hybrids will replace. read more