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    CBA issues $US2.5bn of subordinated notes

    CBA issues $US2.5bn of subordinated notes

    12 Sep 2019 by AAP

    The Commonwealth Bank of Australia has issued $US2.5 billion ($A3.6 billion) worth of subordinated notes amid a regulatory push to increase capital reserves. ...

    WA lending up from historical lows

    WA lending up from historical lows

    09 Sep 2019 by Adrian Rauso

    Lending to investors and first homebuyers in Western Australia is showing early signs of a rebound from its record slump, according to the latest seasonally adjusted data from the Australian Bureau of Statistics. ...

    Westpac to defend class action over super

    Westpac to defend class action over super

    06 Sep 2019 by AAP

    Westpac says it has been hit by a class action lawsuit over superannuation fees. ...

    ASIC takes BoQ and Bendigo to court

    ASIC takes BoQ and Bendigo to court

    04 Sep 2019 by Business News

    The Australian Securities and Investments Commission is launching legal action against the Bendigo and Adelaide Bank and Bank of Queensland amid allegations of unfair small business lending terms. ...

    Carbon Group targets more growth after 18 acquisitions

    Carbon Group targets more growth after 18 acquisitions

    03 Sep 2019 by Jessica Mascione

    Business services firm Carbon Group has achieved rapid national expansion on the back of multiple acquisitions. ...

    RBA waiting, watching as rate held at 1.0%

    RBA waiting, watching as rate held at 1.0%

    03 Sep 2019 by AAP

    The Reserve Bank has left the cash rate unchanged at a record low 1.0 per cent as it maintains its wait and see approach to June and July's cuts. ...

    Panoramic loan slashed by $20m amid Savannah woes

    Panoramic loan slashed by $20m amid Savannah woes

    03 Sep 2019 by Adrian Rauso

    Nickel miner Panoramic Resources will have to tap the market for $20 million in equity after its debt was halved by Macquarie Bank, while today also disclosing deferred payment for the sale of its Canadian project. ...

    Pioneer lender cuts off funds amid probable profit hit

    Pioneer lender cuts off funds amid probable profit hit

    02 Sep 2019 by Adrian Rauso

    Pioneer Credit could be in breach of its loan covenants, after it said a change in the accounting treatment of its consumer debt portfolios would likely result in a dent to its underlying earnings. ...

    Perenti shares up after Gresham sale

    Perenti shares up after Gresham sale

    30 Aug 2019 by Jessica Mascione

    Shares in mining services company Perenti Global were up more than 6 per cent today after investment bank Gresham Partners announced an agreement to sell its $91.2 million stake. ...

    Macquarie Group flags $1bn capital raising

    Macquarie Group flags $1bn capital raising

    28 Aug 2019 by AAP

    Macquarie Group will embark on a $1 billion capital-raising program as it seeks to shore up investments and meet new APRA credit risk requirements. ...

    AFG profit edges lower

    AFG profit edges lower

    23 Aug 2019 by Adrian Rauso

    Australian Finance Group has posted a 0.8 per cent decrease in net profit, but is optimistic about its future following the federal election result earlier this year. ...

    CBA sells CommInsure for reduced $2.375bn

    CBA sells CommInsure for reduced $2.375bn

    23 Aug 2019 by AAP

    Commonwealth Bank of Australia has renegotiated the sale of its CommInsure life insurance business to Hong Kong-based AIA for a reduced $2.375 billion. ...

    ASIC bans Perth director

    ASIC bans Perth director

    21 Aug 2019 by Business News

    The Australian Securities and Investments Commission has banned Perth businessman Max David Goldenberg from providing financial services and engaging in credit activities for a period of eight years. ...

    Westpac reports mortgage stress in WA

    Westpac reports mortgage stress in WA

    19 Aug 2019 by Mark Beyer AAP

    Westpac has reported a further rise in the number of people missing mortgage payments with Western Australia continuing to be the main problem area. ...

    AFG set to buy rival for $120m

    AFG set to buy rival for $120m

    12 Aug 2019 by Adrian Rauso

    Australian Finance Group has signed a binding agreement to acquire Melbourne-based Connective Group in a cash-and-scrip deal worth around $120 million that will create an entity with over 6,575 brokers. ...

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