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The former clients of Sherwin Financial Planners, who lost a total of A$30 million in the firm's collapse, are mounting a class action over BOQ's handling of their money market accounts. read more

The ASIC Enforcement Review Taskforce position paper was released yesterday, descriptively titled 'ASIC's power to ban senior officials in the financial sector'. read more

The Federal Treasurer, Scott Morrison, has told an audience of financial services executives and professional investors that the economy is improving, while repeating the mantra that a Royal Commiss.. read more

Australian Finance Group yesterday priced its first residential mortgage backed securities issue for 2017. AFG chief executive officer David Bailey said the transaction was the largest term deal his c.. read more

From today, every business across Australia will be banned from imposing "excessive surcharges" on customers paying with certain credit, debit or prepaid cards. read more

A new settlement service is described by eftpos as significant milestone in its "transformation phase". read more

American Express has published a report backing the need to develop a foreign exchange system based around blockchain technology, as it acts to shore up a highly profitable part of its business - the.. read more

The Australian Criminal Intelligence Commission's report on organised crime in Australia, released this week, includes commentary on serious financial crime. read more

The Small Business and Family Enterprise Ombudsman still thinks the lending threshold for small business reforms should be set at A$5 million rather than $3 million, and has accused the Commonwealth B.. read more

New research from Roy Morgan shows that in the six months to June 2017, there were 8.3 million people using mobile banking in an average four week period, up from 4.8 million in 2013. read more