Economy

MyState Bank has more than doubled the size of its investor loan portfolio over the past year, while five other third-party banks have posted double-digit growth.

Delinquencies and defaults for Australian prime residential mortgage-backed securities (RMBS) will increase slightly in 2016 from their current low levels, according to Moody’s Investors ...

The federal government’s decision to deliver its budget early is likely to deter the Reserve Bank from cutting the cash rate until mid-2016, according to HSBC.

Bendigo and Adelaide Bank’s managing director says the group’s balance sheet is “very strong” and it is well-placed to compete “vigorously” for customers.

Genworth Mortgage Insurance Australia has proposed undertaking a capital management initiative which would see approximately $202 million paid to shareholders.

ING Direct Australia’s focus on growing its branded mortgage portfolio has helped the group achieve a record profit result for the bank in the 2015 calendar year.

Standard & Poor’s (S&P) has assigned AAA ratings to four classes of Pepper’s non-conforming residential mortgage-backed securities (RMBS).

Bendigo Bank has rolled out an online share trading platform to more than 10,000 of its customers.

The Reserve Bank of Australia has commented on the recent volatility of local bank stocks in its latest monetary policy meeting.

An Australian peer-to-peer (P2P) invoice financier has unveiled its new brand and website, as well as a significant upgrade to its online platform.