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Gateway Credit Union lifted its level of new lending over the last year and reported growth in home lending of 19 per cent in the year to June 2011. read more

Commonwealth Bank will pay most of its staff a pay rise of four per cent, back-dated to July 2011, assuming staff vote to accept a one-year extension in the bank's enterprise agreement. read more

The Australian Government still has around A$6 billion to invest to support the purchase of residential mortgage-backed securities, the Australian Office of Financial Management's annual report show.. read more

Bank of Queensland suffered a 13 per cent fall in earnings for the year to August 2011, due to a big increase in its bad debt charge. The profit improved in the second half, however, given the peak in.. read more

Break-even is "in sight" for specialist payments provider Tyro Payments, though management is not putting a date on this milestone-to-be. read more

The challenges facing Australia Post in maintaining its niche as a provider of payment services receives many mentions in its annual report, through few metrics are provided to measure progress of thi.. read more

The chair of the Australian Securities and Investments Commission will play a role in reviewing applications for subsidised loans from inefficient operators of coal-fired power stations. read more

In a hiring decision with the potential to put one of its longest running transaction banking contracts under the spotlight, Westpac has announced the appointment of a cabinet minister as head of it.. read more

The new board of Maleny Credit Union will review its strategic plan and remain open to the prospect of a merger with another credit union, the new chair of MCU, Luke Berry, says. read more

The comparative lull in bank funding in the term-debt market may be drawing to a close, with Commonwealth Bank and National Australia Bank both marketing term-debt and structured issues yesterday. read more