OFX continues to lose customers

International payments company OFX is shifting the focus of its business to corporate clients, as it seeks a more stable customer base with higher transaction volumes. read more

Credit card numbers hit a decade low

The number of personal credit and charge card accounts open in Australia has fallen sharply from 14.5 million in August to 13.9 million in September - a 4.1 per cent fall. read more

Suncorp tests hybrid pricing

Is a Suncorp hybrid any less risky than a CBA one?  Suncorp thinks not, offering the same pricing as Commonwealth Bank when it launched PERLS XII Capital Notes last month. read more

RBA quantifies the loyalty tax

The average discount to the standard variable rate that owner occupiers are paying on their mortgages is currently 120 basis points and new borrowers are receiving a further discount of around 30 bps. read more

NAB results at a glance

NAB's total dividend for the year of $1.66 a share was down 32 cent. The payout ratio remains unsustainable. read more

Consumer credit decline to continue

The latest official figures on personal credit show a steepening decline in that market, and one market participant is expecting that things will get worse. read more