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Borrowers are braced for a wave of rate increases on home loans, credit cards and business credit for the rest of the year following the Reserve Bank’s radical shift to a hawkish stance on monetary po.. read more

The battle for control of Australia’s automated teller market has taken another twist after global ATM provider Cardtronics was granted authorisation by the ACCC to market its ‘Allpoint’ network to lo.. read more

Thousands of prospective home buyers already bracing for more official rate rises will be hit with higher mortgage insurance premiums from next week. read more

Mastercard is facing a drawn out legal battle over alleged anti-competitive pricing activity in the card payments market after the Australian Competition and Consumer Commission launched an civil acti.. read more

ANZ could pay another hefty price for its faltering technology and processing systems after ASIC said it was suing the bank for alleged unlawful fee slugging that has raked in tens of millions in reve.. read more

In a move that will bring its home loan serviceability benchmarks more into line with CBA and Westpac, National Australia Bank has tightened assessment requirements for self-employed home loan applica.. read more

Commonwealth Bank of Australia is facing a big writedown on the value of its investment in struggling global buy now pay later firm, Klarna Bank AB. read more

Struggling buy now pay later provider Openpay has been handed an A$18 million lifeline from cornerstone investors after the completion of a share placement on Monday. read more

Bankwest staff are set to vote on another revised pay offer from the company’s management following a protracted round of enterprise negotiations over the last 12 months. read more

Police Bank is stepping up its transformation program under chief executive Greg McKenna after deciding to replace its core banking platform. read more