Turnbull makes a captain's pick on EDR review

PM Malcolm Turnbull has come down strongly in favour of establishing a banking tribunal, one of a number of options being considered by a panel set up to review external dispute resolution in financia.. read more

Non-conforming RMBS pricing falls

Pepper Group completed its second issue of non-conforming residential mortgage-based securities for the year, raising A$800 million at a lower margin than its issue in March. read more

ANZ to review credit card rates and fees

ANZ chief executive Shayne Elliott conceded that the bank's return on equity from credit cards was "well above" the group ROE and said there was scope to overhaul the way it ran its credit card busine.. read more

FOS reveals most dispute-prone banks

The Financial Ombudsman Service has handed Bank of Queensland, Bankwest and HSBC Bank Australia the dubious distinction of being the most likely banks to have customer disputes. read more