Future of reverse mortgages looks tenuous

One of the nation's leading retiree advocates yesterday called on the banking industry and the Federal Government to address the dwindling supply of reverse mortgages in the Australian market. read more

Major banks still struggling on NPP

While the painful rollout of real time payments capability at Australia's major banks continues at a snail's pace, National Australia Bank last night confirmed it is likely to be the first of the indu.. read more

Broken AMP hires fixer from Credit Suisse

The appointment of a career "private banker" to steer beleaguered wealth manager AMP Ltd out of its governance and reputational mire will stoke much conjecture about what it might also mean for the gr.. read more

AMP Bank slashes mortgage rates

AMP Bank has slashed mortgage rates to package customers by up to 30 basis points under a new pricing schedule that takes effect this morning. read more

Digital instability swamps CBA

Commonwealth Bank's claim to being Australia's most reliable online banking provider is in tatters as its internet and mobile banking platforms suffer one of their most prolonged outages on record. read more