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Australian Payments Plus has established a payment service provider forum to have closer liaison with non-member payments businesses. read more

The Australian Banking Association and members banks have issued new credit report factsheets to assist consumers and financial counsellors with changes to credit reporting rules. read more

There has been plenty of discussion about the neutral cash rate in recent months, but a lot of the talk has generated more heat than light. Yesterday, Reserve Bank governor Philip Lowe put the RBA’s p.. read more

APRA has finalised amendments to the definition of a significant financial institution that it uses in its prudential framework. read more

Average mortgage size and loan-to-valuation ratio fell in the June quarter, refinancing levels were up and first home buyer participation in the mortgage market was at its lowest level since 2017. read more

Recent home loan borrowers and borrowers who will roll out of fixed-rate loans over the next couple of years are the ones causing most concern to the Reserve Bank as it assesses Australian households’.. read more

Complaints to the Australian Financial Complaints Authority about unauthorised activity on transaction accounts rose 45 per cent in the year to June, making personal transactions one of the most conte.. read more

High cash balances, strong profitability and low gearing put large Australian businesses in a good position heading into a likely downturn, according to a review of the credit quality of Australian ba.. read more

Buy now pay later consumer web traffic continued its weakening trend in June, as rising interest rates and weaker spending took their toll. read more

ASIC has issued a product intervention order imposing conditions on the sale of short term and continuing credit contracts, prohibiting fees in excess of cost caps in the National Credit Code. read more