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The last-minute effort by sections of the mortgage finance sector to overturn regulations banning exit fees from July may be on the verge of achieving its goal. read more

Oakajee Corporation, a small cap mining firm, said it plans to buy and list EZE ATM through its subsidiary Oakajee Investments Ltd. Oakajee announced the plan to the ASX on Thursday. read more

The household debt load remains "very high" and is one factor restraining the pace of the economic recovery in New Zealand, the Reserve Bank noted in its quarterly statement on monetary policy publish.. read more

The Payments System Board may allow credit card schemes to introduce rules that oblige merchants to limit the level of surcharges applied to payments made with credit cards. The PSB is asking the in.. read more

A public relations campaign to begin preparing the community for the eventual demise of cheques as a payment instrument got underway yesterday, with the release of a consultation paper by the Austra.. read more

Smaller deposit-taking institutions have seen a dip in their share of new business in the home loan market, monthly data on housing finance by the Australian Bureau of Statistics shows. read more

Rising home loan arrears and new concerns over concentration risks in its home market have led Standard & Poor's to revise its outlook on the Bank of Queensland's credit rating. read more

Third-party originators of home loans are pinning their hopes on a vote by the Senate to overturn regulations that ban exit fees from the beginning of July. read more

The timetable for "Mambo", the big banks' project to develop an electronic addressing system to speed up payments, is drifting amid lacklustre support from two banks and dissent among smaller banks.. read more

The main operating subsidiary of National Australia Bank traded in the red in the half year to March 2011, financial statements for Clydesdale Bank published this week show. read more