Grange liquidators wear cost of mis-sold CDOs

The liquidators of Lehman Brothers Australia will have to compensate around 600 investors in toxic credit securities after the Federal Court ruled in favour of the plaintiffs in a class action on Fr.. read more

Mutuals on capital hunt

A long-running project by mutual banks, building societies and credit unions to find investors in a tier-two capital instrument has secured clearance from the regulator, with marketing now finally g.. read more

RBA limits 2012 dividend

The Reserve Bank of Australia will once more pay a dividend to the Australian government following two years of losses. read more