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The Financial Review reported rumours that Commonwealth Bank is seeking to increase its one third stake in Aussie Home Loans. CBA paid A$71 million for the stake in late 2008. read more

Yesterday's High Court ruling on penalty fees is a substantial victory for the plaintiffs and one that will encourage Maurice Blackburn, the law firm that chose to run the case after many years of.. read more

A mystery Asian investor is said to have agreed to fund the unprofitable ATM operator GRG International in the purchase of the US-based manufacturing business Triton. read more

Four hundred investors in an unlicensed, and failed, property investment scheme in the UK are seeking £20 million in compensation from Clydesdale Bank. Lawyers for the investors assert that the ban.. read more

Finance sector profits are no bigger four years into the financial crisis than they were immediately preceding the worst phase of the shock, in late 2008. read more

Police & Nurses Credit Union will avoid loans to residential property borrowers who have a deposit of less than 10 per cent  from now on, as the Perth-based lender takes a cautious view of.. read more

ADIs will still have to clear dividend payments with the banking regulator if they exceed after-tax earnings, but they will not have to seek agreement to pay distributions on subordinated debt and p.. read more

Mecu Limited offset a 20 basis point decline in its interest margin over the year to June 2012 to report a net profit of A$27.0 million, only $500,000 lower than the year before. read more

The vendor of the Emerchants pre-paid cards business failed to earn any contingent payment for a second year in a row in the 2012 financial year. Adept Solutions, the new owner of the business, fail.. read more

A tax benefit of A$1.1 million accounted for two-thirds of the $1.6 million reported profit of EzeATM in the year to June 2012. The pre-tax profit for the business was $420,000. read more