Armaguard seeks perpetual aid

Keeping Armaguard in business looks like being a supremely costly exercise for the major banks and the other ‘funding parties’ that bailed the firm out nine months ago. read more

PEXA labours its monopoly

PEXA, predictably, fibbed in their half-year investor presentation lodged with the ASX on Friday. In denial on their less than 100 per cent uptime record, perpetuating untruths will be a red flag for.. read more

BNK now a sub-prime shop

Shrinking on both sides of the balance sheet, BNK Banking Corp is putting its faith in “higher-margin lending”. read more