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Australian banks are incurring significantly higher fees for offering Apple Pay to debit cardholders than their counterparts in the US. read more

Moody's and S&P are forecasting further declines in credit quality this year as the effects of the property correction wash through the mortgage market. read more

The rally in bank stocks is likely to be short-lived. read more

ANZ has broken new ground in the financial services industry after announcing it will award most staff an extra week of paid annual leave. read more

A new battleground has emerged in the payments war between Eftpos Australia and the dual network debit schemes operated by Visa and Mastercard. read more

Metro's London-listed scrip tanked after messages posted via the WhatsApp messaging service warned London-based users that the bank was in financial difficulty and might be shut down. read more

Prime Minister Scott Morrison is under pressure to furnish more details about the coalition's mortgage deposit guarantee scheme amid concern from sections of the finance industry that the policy was c.. read more

Backers of the Coalition government's first home buyer scheme need to explain why the scheme is going to be operate on a preferred lender model, rather than one that is borrower-directed. read more

Credit experts say responsible lending laws could prevent banks and other lenders from supporting the coalition's first homebuyer deposit policy, unveiled on Sunday by Prime Minister Scott Morrison. read more

Citi Australia says its credit cards business returned to growth in the March quarter as a string of white label deals boosted average balances in its portfolio. read more