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ANZ looks like wearing some losses from having to partly bail out a market-linked fund in New Zealand managed by its funds management joint venture with ING. read more

Homeloans Limited, a listed mortgage manager, yesterday reported higher earnings in spite of running down its mortgage book. Profit increased 15 per cent to $2.6 million while the mortgages under mana.. read more

RHG Limited is extracting a hefty profit from its back book, reporting a profit of $69 million for the half year to December 2008. read more

The Victorian fires, now 18 days distant, provide a chance to view insurance and financial relief in action. Most banks and insurers responded efficiently to the crisis, deploying staff, systems and c.. read more

The cash collected in aid for the Victorian fire appeals provides one measure of the public regard for bank brands. read more

There is plenty of debt on the market at present, a trend working for any business, such as Collection House , chasing unpaid loans. read more

Commonwealth Bank agreed to refinance a smaller share of the Wizard Home Loans loan book than GE Capital will have hoped for as part of the sale of Wizard to Aussie. CBA owns one third of Aussie. read more

PayPal will freeze fee for merchants trading through the eBay Australia website for a period of two years, the Reserve Bank of Australia disclosed yesterday in a media release. read more

Wide Bay Australia yesterday said it would cut its interim dividend by three cents, or nine per cent, to 30 cents a share. The building society will also try to claw back as much of the dividend as it.. read more

Two more brands will be added to the crowded ATM market. read more