ASIC benchmark report hints more skeletons yet to emerge 09 July 2015 4:35PM Yesterday the Australian Securities and Investments Commission released a report on financial benchmarks, while highlighting the importance of key indices to Australia's markets and the broader econom.. read more
Failure to follow up fax costs investor $1 million 03 July 2015 4:17PM A disgruntled investor has failed to convince the Court of Appeal of the Supreme Court of New South Wales that he was entitled to compensation and damages of around A$1.5 million as a result of the fa.. read more
Poor working capital product-mix pushes CFOs away 03 July 2015 4:16PM The finance chiefs of Asia's 1000 largest corporates are becoming increasingly dissatisfied with the short term debt and liquidity management products offered by their main banking providers, accordin.. read more
IMF finds link between bank leverage and corporate lending 03 July 2015 4:16PM The International Monetary Fund has published an "IMF Working Paper" posing the question: 'How Does Post-Crisis Bank Capital Adequacy Affect Firm Investment?' read more
Five years on, is Dodd-Franks too big to succeed? 03 July 2015 4:14PM On the fifth anniversary of the Dodd-Frank Act, the New York Federal Reserve has published a paper looking at whether the controversial legislation ended the spectre of "too-big-to-fail" financial ins.. read more
Payday lender Money3 refunds $100,000 02 July 2015 3:53PM Action by ASIC has seen Australia's second-largest listed payday lender, Money3, end a two payments 'fixed fee' loan arrangement and to refund more than A$100,000 to consumers. read more
Thin Cats weighs up growth options 26 June 2015 4:07PM ThinCats Australia, a peer to peer lender to small and medium sized enterprises, said it is "weighing up options to expand" beyond its base of 200 lenders, accounting firms and finance brokers. read more
Australian credit card satisfaction study 26 June 2015 4:04PM Bendigo Bank has been ranked highest in "credit card satisfaction", according to customer satisfaction research and consulting services provider, JD Power Asia Pacific. read more
IMF pushes to recalculate Aussie majors capital ratios 25 June 2015 4:31PM The International Monetary Fund has strongly endorsed some of the key findings of the Murray inquiry, brushing aside contentions by Australia's majors that they are as well capitalised as their global.. read more
Australia signs on the Asian Infrastructure Bank's dotted line 25 June 2015 4:30PM The Australian Government has decided to join the Asian Infrastructure Investment Bank, just in time to qualify alongside 56 other founding members. Treasurer Joe Hockey will travel to Beijing next we.. read more