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A parliamentary review of housing affordability has revisited the question of whether superannuation savings should be put towards a home purchase, recommending that first home buyers be allowed to us.. read more

Bank and insurance company customers trust their financial institution with their data and are comfortable with the data being used to provide more personalised offerings. read more

One of the major banks reported a 50 per cent increase in Banking Code of Practice breaches last year, as ASIC’s stricter reporting requirements and its own increased monitoring had a big impact. read more

Merchants had a small win in the payments arena last month, when the Reserve Bank implemented changes to its cents-based interchange fee cap, but analysis of the changes by payments consultancy CMSPI.. read more

APRA has turned its attention to its standards for ADI liquidity management - the liquidity coverage ratio and the net stable funding ratio – launching a review to see how they are working. read more

Deposit takers have been raising their term deposit rates for the past few months, but the increases had not established any top rate benchmarks for any terms. That changed last month. read more

A significant number of entities reporting data breaches to the Office of the Australian Information Commissioner last year took more than 120 days from when they became aware of the incident to when.. read more

Consumers have a clear preference for mobile banking services over other banking channels, according to new research. read more

Australian Finance Group has flagged asset finance as the next market it will target for diversification of its business. read more

BNK Banking Corporation’s December half-year financial report, released on Friday, had nothing new to offer about the company’s strategic review, following the sale of its aggregation business Finsure.. read more