Red Zed raises A$300m RMBS 31 March 2017 5:29PM Specialist lender Red Zed Lending Solutions yesterday priced a A$300 million securitisation, the "RedZed Trust Series 2017-1". read more
Class action against Thorn Group's consumer finance arm 30 March 2017 4:55PM Law firm Maurice Blackburn Lawyers has launched a class action in the Federal Court in Sydney against Thorn Australia Pty Ltd, which trades as Radio Rentals. read more
CommBank joins Big Four as green bond leaders 30 March 2017 4:54PM The CBA's new A$650 million Climate Certified Bond issue brings Australia a status unmatched by any other advanced economy financial sector, according to a 'green bond' proponent. read more
ABA's conditional support for new Code of Banking Practice 29 March 2017 5:12PM The Australian Bankers Association has published its response to the independent review of the Code of Banking Practice, and indicated how a redrafted Code might look. read more
New Payments Platform set to go live 24 March 2017 5:29PM Australia's new payments platform is entering its final testing stages aiming to go live in the final quarter of this year, and promises much greater functionality than when first envisaged by the RBA.. read more
NPP promises more than real-time payments 24 March 2017 5:28PM With the New Payments Platform seemingly on schedule to be up and running in October, its designer-operators have been turning their minds to what lies beyond launch date. read more
Global investment banks shrink their business 23 March 2017 5:12PM No Australian banks made the top 12 lists in the global and regional league tables for 2016 published by financial services analytics company Coalition. read more
Transparency and trust paired in data debate 22 March 2017 4:52PM Effective data use is increasingly a key competitive advantage, but customer trust is vital before they will agree to trade privacy for convenience, ASIC's annual forum heard. read more
House price cauldron divides financial regulators 21 March 2017 5:43PM During the second half of a panel discussion on "Competition in financial services" at ASIC's annual forum yesterday, the tone turned decidedly Shakespearean when Wayne Byres, chairman of the Australi.. read more
Byres sees tightening as natural response 21 March 2017 5:42PM In yesterday's ASIC annual forum, Wayne Byres, chairman of the Australian Prudential Regulation Authority, was asked about the Big Four banks' lending behaviour. read more