Banks open door to non-bank rivals

Lenders can expect the net interest margin they earn on home loans to decline by around 10 basis points over the next year, a study by Deloitte has found. read more

Westpac and NAB on a roll

Pricing levers at the disposal of Westpac's management, combined with improvements in market share, have led Morgan Stanley's bank equity research team to refresh its "overweight" rating on Westpac. read more

Curbs on card surcharges clarified

Fat surcharges on credit card payments may remain a feature of the payments landscape under revised rules released yesterday by the Reserve Bank of Australia. read more

Business credit demand perky

Conditions may be improving for business credit demand, if a Veda survey of the views of corporate credit mangers is any guide. read more

NAB's bonuses cut again

Several of the senior executive team at National Australia Bank saw their bonuses cut for the second year in a row in 2012, the bank's annual report reveals. read more