Merchant POS upgrade helps ThinkSmart

Computer and office equipment finance company ThinkSmart is counting on investment by its merchant partners in the upgrade of their point-of-sale systems to drive new business, according to an inves.. read more

ANZ halts work on Mambo

Over the weekend, ANZ confirmed that it ceased development work on Mambo, though it will continue to meet funding commitments to BPay. read more

Dividends trump capital at Commonwealth

Controversies over bank profits are never far away in Australia, and the latest profit reported by Commonwealth Bank might be one capable of reviving this debate. For all the talk of the "challenging".. read more

Asian investments opaque, but growing

"One area of investment that doesn't get a lot of exposure," CBA's chief executive, Ralph Norris, half-complained at yesterday's investor briefing, "is that of Asia, where we have been pursuing a co.. read more

MyATM makes tactical withdrawal

Customers Limited will take over 120 automatic teller machine sites operated by MyATM, with the operator of the largest ATM fleet taking advantage of the fragile position of one of the smallest. read more

Small lenders struggle for business

The market share of non-bank lenders in the housing finance market declined for the eighth straight month in June, monthly data published by the Australian Bureau of Statistics shows. read more

Conservatism rules at Bendigo

Bendigo and Adelaide Bank is hoping a tempering of pricing on term deposits will lift margins at a time of rising liquid asset levels, which are climbing both at management's choice and because of c.. read more

FHOG cohort up-to-date with payments

The after-effects of the mis-selling of home loans by mortgage brokers in south-western Sydney in the early 2000s continue to linger, with loans from that era and that location being among the worst.. read more