SMSF credit tightens after CBA flags exit

Mutual banks and finance companies have been handed a string of new growth opportunities as the major banks vacate specialised segments of the banking market such as reverse mortgages and SMSF lending.. read more

Hagger departure triggers another NAB makeover

National Australia Bank chief executive Andrew Thorburn is banking on a management reshuffle to help restore the company's standing in the Australian community, after claiming several new appointments.. read more

People's Choice CU ramps push into Victoria

The industry-wide crunch on fee income in the last 12 months has eroded the bottom line returns of one of Australia's largest customer-owned deposit takers, People's Choice Credit Union. read more