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Weekly application volumes trended lower over March, April and May “relative to the peak volumes experienced in February,” Commonwealth Bank said in a trading update yesterday. read more

A fully underwritten $60 million capital raising by AFG will be used to underpin its own-brand mortgage business, investment in mezzanine funding, IT upgrades or even “market opportunities that AFG mi.. read more

Local boy returns with mergers on his mind: it’s almost a trend. Now Todd Roberts is the new chief executive of Credit Union SA. He’s from CBA, a business manager trained in state rounds. read more

When you’ve only got a Moody’s rating you probably paid for it. Moody’s rate RACQ Bank Baa1 (Stable). read more

The total number of loans deferred is now at least 643,000. read more

The industry super bank? Cool while it lasted. read more

Xinja Bank will bow to the inevitable and lower the interest rate on its Stash savings account to 1.8 per cent, from 2.25 per cent, effective May 11. read more

A smart move by artisans of the craft, the soon to be in place forbearance SPV structure the ASF has put together for the industry shows the best of banking. read more

EPIC might as well be the name for the Special Purpose Vehicle banks are stringing together for the Structured Finance Support Fund. read more

Many staff at Police Bank HQ in Sydney and some in Tasmania have been laid off or soon will be. How many, we are unsure. read more