Protected loans endangered 13 May 2009 4:37PM Lenders offering protected loans, a type of margin loan, will in practice have to apply a lower interest rate than in the past, or at least the borrower will work out their tax affairs on the basis th.. read more
OzCar SPV risks capped at $550m 13 May 2009 4:37PM The budget papers provide some fragments of information on the OzCar special purpose vehicle created to provide a financing backstop for car dealers stranded by the departure of GE Capital and GMAC fr.. read more
One quarter of APRA entities in some sort of strife 13 May 2009 4:36PM Almost a quarter of supervised financial institutions slipped from a "normal" risk assessment over the last year to a more intrusive stance, the latest Insight publication from the Australian Prudenti.. read more
Dalton hired to run ASF 13 May 2009 4:35PM Chris Dalton will be the new chief executive of the Australian Securitisation Forum, the ASF committee advised members yesterday. read more
ABIP chair named 11 May 2009 5:02PM David Borthwick is the Australian government's selection to be chair of the board of the proposed Australian Business Investment Partnership. read more
Greens give amber light to ABIP 08 May 2009 5:01PM The proposed funding assistance to commercial property developers may win Senate approval if the Australian government accepts Green proposals to increase the level of government appointments on the b.. read more
Suncorp ditches development heritage 08 May 2009 5:01PM Suncorp yesterday highlighted how dependent it had been, and to a degree still is, on the hot money of the wholesale debt market. read more
1,2,3 switching 06 May 2009 4:41PM In the largely closed world of banking and payments three entities found the courage over the 2000s to have a crack at the business of "switching", the careful, efficient and hopefully reliable busine.. read more
SPS folds into MasterCard 06 May 2009 4:40PM The second big spender in switching was Strategic Payments Services, a creation of ATM-play Customers Limited and now owned by MasterCard, with Bendigo and Adelaide Bank the minority investor. read more
Aid for Tyro 06 May 2009 4:40PM The bright sparks at Tyro Payments have spent the most on their endeavour to crack the merchant acquiring market, and also switching, in Australia. read more