Aged need public line of credit

The Productivity Commission is pushing once more for the Australian government to promote an equity release scheme to help fund the costs of aged care services.Aged need public line of credit read more

ME Bank stretches funding

ME Bank aims to develop a wholesale debt curve, following its debut sale of A$325 million in senior debt funding on Friday. read more

Twice as many merchants taking payments cards

The number of merchants accepting Visa and other payments cards worldwide may double over the next five years because of the proliferation of mobile commerce applications that target once hard to r.. read more

ATM demand in decline

The business model for independent operators of automatic teller machines in looking shaky, with demand continuing to fall away. And, in response, ATM owners are cutting back the number of machines de.. read more

Cabcharge will reorganise in Victoria

Cabcharge is to reorganise its business model in Victoria, but is being cagey about the details. This comes in the wake of the Victorian Government's plan to force through a cut in the service fee for.. read more

Mortgage burden more widely spread

Lenders hunting for the most indebted households to target for refinancing received a handy guide yesterday from the Australian Bureau of Statistics. read more

Genworth pulls the leash on SMSF loans

Mortgage insurance company Genworth will make loans for self-managed superannuation funds harder to access. Bridget Sakr, chief commercial officer of Genworth, yesterday advised lenders that an SMSF.. read more

Analysis: Inviting margins ripe for picking

If a few years in the nurturing, and supposedly disciplined, environment of private equity ownership is meant to be transformational for a company, readers of the Veda prospectus might conclude that.. read more