Charge renaissance for American Express 04 April 2012 4:24PM Charge cards are back as the dominant product for American Express in Australia, thanks to a one third decline in the size of the firm's credit card balances over 2011. read more
Aussie follows wholesale path 04 April 2012 4:22PM Aussie Home Loans is to buy National Mortgage Brokers - its first foray into the aggregation sector. read more
Canadians scheme Customers ATM takeover 03 April 2012 4:59PM The ATM fleet aggregated by Customers Limited over the last eleven years will change hands for a fourth time if an offer valued at A$173 million from Canadian firm DirectCash receives support from s.. read more
Basel III caravan rolls on 02 April 2012 5:03PM The banking regulator will introduce its version of the Basel III reforms from 2015 in the form outlined in its September draft last year. The Australian Prudential Regulation Authority made next to.. read more
ANZ and Suncorp lift home loan sales 02 April 2012 4:57PM ANZ and Suncorp have grown at above system in the home loan market over recent months, while Westpac has shown a notional loss in market share. read more
Bankruptcies mapped by postcode 02 April 2012 4:55PM Personal bankruptcies are most abundant in the outer suburbs of Sydney and Brisbane, and also in regional Queensland cities, a new ITSA report shows. read more
Prescriptive options on PSB agenda 02 April 2012 4:53PM The issues ahead of the Payments System Board were aired by Malcolm Edey, the assistant governor of the Reserve Bank, at the recent annual payments conference. read more
NAB thinks big in US Midwest 30 March 2012 5:54PM National Australia Bank is scouting for more banks to buy in the United States in order to improve the reach of Great Western Bank in select Midwest states. read more
Home loan repayments speed up 29 March 2012 5:52PM Households lifted their level of home loan repayments over the course of 2011, so that by the end of the year they were paying, in aggregate, twice as much back on their loans as required by the ter.. read more
A sticky story of impaired assets 29 March 2012 5:47PM The stickiness of the level of impaired assets at banks receives close attention in the half-yearly Financial Stability Review published by the Reserve Bank of Australia. read more