Hayne inquiry delivers industry funds new customers 30 August 2018 4:30PM Damaging evidence presented to the Hayne royal commission might already be burning a hole in customer support for bank-owned super funds, which collectively suffered market share losses in the year to.. read more
Reverse mortgage lenders overhaul loan contracts 29 August 2018 4:42PM ASIC has forced reverse mortgage providers to withdraw unfair terms and conditions in loan contracts, after it completed a granular review of lending practices in the controversial market segment. read more
Future of reverse mortgages looks tenuous 29 August 2018 4:40PM 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 28 August 2018 4:51PM 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
Cash Converters boss exits on results day 28 August 2018 4:48PM Shareholders of payday lender Cash Converters International were left to speculate yesterday on the reasons behind the sudden departure of chief executive Mark Reid. read more
Money 3 shines as Cash Converters tries to rebuild 28 August 2018 4:46PM Money3 Corporation has consolidated its position as one of the country's leading integrated automotive and payday lenders after boosting its bottom line profit by 10 per cent in the 12 months to the e.. read more
Broken AMP hires fixer from Credit Suisse 23 August 2018 5:02PM 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
PayID users marooned by CBA outage 22 August 2018 5:01PM Commonwealth Bank has told customers who executed instant payment transfers last week to wait until today for the transactions to be completed. read more
AMP Bank slashes mortgage rates 22 August 2018 4:52PM 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 21 August 2018 4:48PM 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