Lobby group says high interchange fees are good for customers 18 June 2015 4:04PM Media and advertising news site Mumbrella has reported on a campaign by US-based non-profit organisation The International Alliance for Electronic Payments, which is lobbying against increased credit.. read more
Household savings and debts out of balance 18 June 2015 4:03PM The inequality in the distribution of household savings is considerably worse than "the much talked about inequality in incomes," according to a report published yesterday by Bankwest Curtin Economics.. read more
Macroprudential measures unlikely for Australia: S&P 18 June 2015 4:03PM As concern continues over household indebtedness and rising property prices in Australia, the progressive lowering of the cash rate to its current level of two per cent by the Reserve Bank of Australi.. read more
RMB 'limited' as a trade currency 16 June 2015 4:03PM The recent financial crisis increased China's ambition for further reform at a faster rate than expected, according to Huw McKay, Westpac's deputy global head of economics. However, the pace of refo.. read more
China leverage a brake on RMB internationalisation 16 June 2015 4:00PM The march towards internationalisation of the renminbi may be put on hold while China repairs its domestic economy, an expert panel has suggested. read more
Time in the market favours CBA, Westpac 11 June 2015 4:25PM In volume 21 of the JP Morgan Australian Mortgage Industry Report, released yesterday, the Australian office of the US investment bank JP Morgan tackles a perennial hot topic: first home buyers. read more
Confidence, innovation absent from Aussie economy 11 June 2015 4:22PM In a speech to market economists in Brisbane yesterday, the Reserve Bank of Australia Governor, Glenn Stevens, said "in Australia, recent growth in the economy has not been as strong as we want." read more
Consumer satisfaction at near record in April 05 June 2015 3:59PM The low interest rate environment continues to reflect well on the banking sector, with overall satisfaction levels among Australia's personal banking customers still high. read more
Hello bank! farewell branches 04 June 2015 4:47PM Any large bank with cumbersome legacy systems would do well to copy the approach taken by French major BNP Paribas to increase engagement with the next emerging cohort of young customers. read more
ASIC warns poor culture leads to poor outcomes 04 June 2015 4:45PM ASIC Chairman Greg Medcraft yesterday appeared before the Senate Estimates Committee, keen to demonstrate the work ASIC is doing around the issue of culture. read more