Mortgage Insurer braces for tough times ahead

Genworth Mortgage Insurance is bracing itself for a rise of mortgage delinquencies and claims in the coming months, according to its latest earnings figures.

Big banks lay an egg with latest cuts

CommBank, Westpac, NAB and ANZ have all reacted to Tuesday's Reserve Bank cash rate cut in various ways, but the end result is mixed.

What is the RBA's Term Funding Facility?

Cash rate cuts have hogged the limelight for some time, but attention may now turn to the central bank’s Term Funding Facility.