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Debentures, while a pretty outdated investment class heading into the credit crunch, have withered further as a savings option over the last two years. read more

Of the 15 finance companies and mortgage trusts that have gone broke or gone into administration over the last year or so 10 turned out to have a thin equity base, and probably thinner in reality than.. read more

Investors in the debentures of 15 failed finance companies and mortgage trusts will have lost more than half of their money, on average, by the time the administrators and liquidators of the funds hav.. read more

GE Money has had to wear a loss of $124,000 on a loan to Sydney borrower after the Supreme Court of New South Wales ruled that a broker submitted forged and fraudulent paperwork to the lender. read more

There appears to be little follow up in other media today to the Sydney Morning Herald's news break yesterday on the ponzi scheme (which it what is implied) trading as Astarra Strategic Fund. read more

The business model of Customers Limited is finally generating cash in the hands of shareholders, with plans by the board for the company to return eight cents a share, or $10.7 million, by way of a ca.. read more

GFG Group, a New Zealand-based vendor of payments software and services to banks and mobile network operators, yesterday sought some publicity for some basic sales (rather than financial) data. read more

The Australian Office of Financial Management said it generated gains of around $1 billion from its decision to unwind its portfolio of interest rate swaps. AOFM made the decision to do so in mid 2008.. read more

There's not much likelihood that the Australian Office of Financial Management will find a way to meet a new, statutory obligation to provide a quarterly list of the ownership of all bonds issued by,.. read more

ANZ confirmed over the weekend that one direct, a retail banking brand launched in 2006, is effectively being wound down. read more