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NAB grew share in the Australian mortgage market in the March half year and held share in customer deposits, but earnings in its personal banking division fell close to 10 per cent as competitive pric.. read more

While the big banks were quick to announce changes to their mortgage rates following the Reserve Bank’s 25 basis point increase in the cash rate, other lenders are taking their time. read more

The Reserve Bank has told the big banks it expects them to implement NPP Australia’s new PayTo facility and has given them until April next year to get the payment initiation service up and running. read more

Undertakings given to the ACCC ahead of last year’s big payments merger as well as items on the Reserve Bank payments system agenda mean that Australian Payments Plus had a substantial to-do list even.. read more

ANZ has had no growth in its mortgage book over the past three months and has gone backwards over the past year – a failing chief executive Shayne Elliott will have to account for when the bank presen.. read more

Term deposit rates are ripping along, hitting a top of 3.75 per cent in April after breaching 3 per cent in the previous month. read more

Labor’s shared equity plan for home buyers, Help to Buy, which was announced at the party’s election campaign launch yesterday, complements a range of ambitious housing policy initiatives it has annou.. read more

Ahead of the release of its interim results on Wednesday, ANZ has detailed several notable items that will result in a net after-tax charge of A$43 million. read more

Personal insolvency numbers fell during the pandemic as stimulus measures and bank forbearance provided a buffer for household budgets, and with the return to business as usual the numbers have fallen.. read more

Equifax has signed an agreement with the Australian Taxation Office, which will supply commercial tax default data to the credit reporting company. read more