Consumer lending (875 items)

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AGL Energy note margin widens

AGL Energy will pay 380 basis points over the 90-day bank bill swap rate on the A$650 million of subordinated notes it is issuing. This is after entering the market last week with indicative pricing of 340 to 360 basis points. read more

Consumers in the dark on KFS

The Government’s controversial home-loan key facts sheet initiative is struggling to get off the launch pad. Mortgage lender MyRate says 64 per cent of consumers have never heard of it. read more

Amex bends on default rates

The Australian Securities and Investments Commission has made the first use of its power, under the National Credit Code, to limit the level of increased charges that can be imposed on a borrower in default. read more

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