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The latest Australian Bureau of Statistics trends for housing finance in the months to September 2017 show strong growth in the number of loans to first home buyers - although this was driven mainly b.. read more

ING Australia is ramping up its efforts to reward existing customers and attract new account holders - provided they bring enough business to make ING their main bank - and is ending ATM fees globally.. read more

National payments system eftpos has developed a new service to resolve disputed transactions between the members on its service more simply.  One advantage of a centralised dispute processing sys.. read more

The price tag for Australian banks to bring the country's New Payments Platform into operational service this year is estimated to be US$785 million (A$1 billion), according to analysts at GlobalData. read more

The mutuals sector could be about to enter a new era of competitive funding - if the recommendations made as a result a review into how to support cooperatives, mutuals and member-owned firms in Austr.. read more

Gregory Hammond's report into how to free up mutuals to take on a wider choice of funding options was met with widespread acclaim by major players in the mutuals sector. read more

CBA released its unaudited trading update for the first quarter of its 2017/18 financial year, showing the bank apparently shrugging off reputational and regulatory woes. read more

The Commonwealth government is to auction off the Australian Office of Financial Management's entire current holdings of residential mortgaged-backed securities, comprising its remaining investments i.. read more

Westpac chief executive officer Brian Hartzer and CFO Peter King were keen, both in their presentation to analysts and to the media later in the day, to highlight the strength of Westpac's balance she.. read more

The "mix of flow" in the Westpac mortgage book has also been changing from interest-only loans in favour of fixed rate mortgages, according to the group's CFO Peter King. read more