COBA backs triage option for EDR

The Customer Owned Banking Association supports the triage proposal in the review of the external dispute resolution in financial services, arguing there is no strong case for merging established sche.. read more

One-stop shop the best option, ABA says

The Australian Bankers Association has thrown its weight behind the one-stop shop option in the Government's review of finance sector external dispute resolution schemes. read more

Mortgage market soft

New lending to home buyers has fallen for the second month in a row, driven by weaker demand from owner-occupiers. read more

Report fingers IBM as the cause of NAB outage

National Australia Bank's banking system outage, which shut down services for more than a day last week and flared up again yesterday, was the result of human error at its IT systems partner IBM, acco.. read more