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The debate over the cost of poor performance by bank-owned retail funds versus industry super funds has been further advanced. This time, it wasn't in front of the banking royal commission, but at the.. read more

An ASX announcement late last week from Kogan.com stated that the pure-play online retailer is to branch out into the mortgage sector. read more

The Banking Executive Accountability Regime (BEAR) formally came into effect on 1 July 2018 for the largest banks, and other ADIs have until mid-next year to get themselves ready. They had better star.. read more

In a wide-ranging but conservative speech in Perth last night, Reserve Bank Governor Philip Lowe re-iterated the RBA's priorities are based around lowering unemployment, lifting wages and keeping a li.. read more

Australia's largest credit union, CUA, completed its fourth medium term note issue since 2016, raising A$225 million to put toward further expanding its loan books. read more

Goldfields Money Limited asked the ASX for a trading halt on its securities, effective from the start of trading on Thursday 30 August 2018 until Monday 3 September. read more

S&P Global Ratings has revised its outlook on AMP Bank Ltd from stable to negative. read more

The profitability of Australia's newest bank, Goldfields Money, has been plagued by a takeover battle for control of the company between two established players. read more

Australia's mortgage broking industry has moved closer to removing volume-based bonus commissions, campaign-based commissions, and other volume-based bonus payments from the payments stream of Austral.. read more

Australian retail payments provider Afterpay Touch is continuing its offshore expansion, following up its US launch earlier this year with a planned UK presence in the next six months - paid for by sh.. read more