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Heritage Bank chair Kerry Betros has hit out at the Australian Prudential Regulation Authority in the mutual's annual report, taking issue with its "extreme approach". read more

Banks and life insurers will need to work harder to maintain a share of the post-retirement money management market, a study by Deloitte on the dynamics of the Australian superannuation system concl.. read more

Foreign banks will only be able to register as a foreign company under the Corporations Act using the word "bank" in their name if they also register a representative office, says APRA. read more

People's Choice Credit Union believes it is leading its peers on customer growth, and says it has attracted "more than 20,000 new members. This is "many more than anyone else in the customer-owned b.. read more

Discussion the new Coalition Government's plans to abolish the Clean Energy Finance Corporation have tended to centre on the CEFC's legislated goals, and how to stay open for new business pending a.. read more

Roy Morgan Research has shed some extra light on shifting banking habits in a report on Friday. It says that in an average four-week period 59 per cent of Australians used the internet to access thei.. read more

Financial regulators would like to see a tempering in the pace of regulatory reform, says the Reserve Bank. The timetable for many reforms, such as those concerning bank liquidity, stretches out to 2.. read more

Trade credit owed by Australian businesses is estimated to have been more than $80 billion at March 2013, which accounted for around eight per cent of total liabilities of all businesses, says.. read more

Cash Store, a payday lender, has ceased lending after administrators were appointed on Friday. The Toronto-listed firm said it had appointed a voluntary administrator to its wholly owned subsidiary,.. read more

Borrowing for property investment by self-managed superannuation funds is on the radar of the Reserve Bank of Australia as being a source of future financial instability. read more