Market share gains for CUBS

Industry body Abacus estimates credit unions, building societies and mutual banks recorded housing loan growth of 5.8 per cent over the year to December 2012 - a gain in market share for the sector. read more

M&A effort retards Wide Bay

The cost of researching takeover targets and the correction of an accounting error over the treatment of problem loans put Wide Bay Australia's profit into reverse for the half year to December 2012.. read more

Cabcharge defends surcharge

Cabcharge is still negotiating with National Australia Bank about the fate of its controversial 10 per cent fee on payments made with credit cards and bank debit cards to pay for taxi trips. read more

Foreign banks' profits lower

Branches of foreign banks in Australia traded in the black in the September 2012 quarter, after incurring losses in the June quarter. read more

Real-time payment vision released

The banking industry jas sketched out its vision for the collaborative development of a payments platform that will foster the supply of a real-time payments service to most households and businesse.. read more

Race on to build real-time hub

The Australian Payments Clearing Association will undertake at least three significant tenders over coming months to source the skills and services needed to make its proposed clearing utility a rea.. read more