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Another debenture company in Victoria is in strife. Gippsland Secured Investments says it has suspended further redemptions of at-call and term investments. read more

The creditors most frequently seeking default judgments for debts up to $10,000 are local councils, consumer credit providers, trades' suppliers, debt collection agencies, media/advertising busines.. read more

The Bank of Melbourne brand helped attract new customers to Westpac in Victoria, which had a net increase of around 46,000 customers over the last two years. read more

Macquarie Bank is once again an investor in the automatic teller machine sector in Australia, taking a 49 per cent stake in Next Payments. read more

Commonwealth Bank has proposed a pay rise for select staff of 3.75 per cent in this financial year, though workers judged to "require development" will get a rise of only two per cent. read more

A former facilities manager of the  Reserve Bank of Australia, Megha Mizerni, has pleaded guilty to one count of obtaining property by deception in the County Court of Victoria, The Age reporte.. read more

Endeavours by bank boards to pander to demands from investors for higher dividends need to be handled with care, Moody's Investors Service cautions. read more

PR Finance Group is pressing on with efforts to sell its main business, Motor Finance Wizard, to Marubeni, a Japanese trading conglomerate whose main interests in Australia are in mining. read more

Westpac has hired Gordon Goetzmann as chief strategy officer. read more

The Greens are pushing for a levy on the assets of big banks. The party proposes a new tax of 0.2 per cent on banks with assets of more than A$100 billion. read more