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Australia's universe of "shadow banks" is small beer in the context of total domestic financial system assets, even if some investors have lost savings, the Reserve Bank of Australia says in its lat.. read more

Households are continuing to pay their home loans back rapidly, in part by keeping repayments steady as interest rates fall. read more

Reserve Bank governor Glenn Stevens used a speech to the ASIC Annual Forum yesterday to rubbish recent efforts to portray the "committed liquidity facility" - that will help Australia banks meet the.. read more

Matching the market on deposit pricing took a toll on profits at bankmecu, a Melbourne-based mutual bank, over the half year to December 2012. read more

Commonwealth Bank has avoided any conditions being imposed on its purchase of a controlling stake in Aussie Home Loans, with the ACCC giving the deal the green light yesterday. read more

Small business borrowers have borne yet more pain from banks' management of their margins over the last year, while big business and residential borrowers have benefited from price competition, a ne.. read more

GE Capital is to buy the invoice discounting business of insurer Allianz Australia. read more

Olympus Capital Asia has launched a structured lending business based in Singapore that will target mid-sized companies in Asia Pacific. read more

Pepper Australia is stepping up efforts to promote a specialised fund that has been established to invest in mortgage-backed securities, including those that help finance its own loans. read more

Receivables on the David Jones American Express co-brand may be on the disappointing side. The retailer says receivables were A$374 million at January 2013. read more