Majors use RBA rate cut to set up for deposits

Yesterday the board of the Reserve Bank of Australia confirmed what had become a widely expected decision - to shave another 25 basis points off the official cash rate, taking it to an unprecedented l.. read more

FSU chooses a leader with a plan

The Financial Services Union's national assistant secretary, Geoff Derrick, via a media release yesterday, confirmed the FSU's national executive has unanimously accepted his recommendation to appoint.. read more

Home lender Resimac runs its own rates agenda

Non-bank mortgage provider Resimac has started marketing its Bastille Trust 2016-1NC, a cash securitisation of non-conforming and prime residential mortgage loans originated and serviced by Resimac. A.. read more