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A group of banks applying for authorisation to bargain collectively with Apple over access to the NFC chips in iPhones have failed in their bid to secure interim authorisation.The Australian Competi.. read more

The cost of a management restructure has sent Goldfields Money into the red. After incurring A$357,395 in restructuring costs, the authorised deposit-taking institution made a loss of $95,187 for th.. read more

One segment of the debt market that has not received a boost from low rates is margin lending. The number of margin loan accounts fell by 2.8 per cent in the June 2016 quarter and is down almost fiv.. read more

CUA has re-launched its credit card range, switching from a white label arrangement with Citibank to a partnership with Cuscal. read more

Homeloans reported solid growth in its branded mortgage business during the year to June, with settlements up 17.7 per cent to A$1.2 billion and loans under management up 3.6 per cent to $4 billion. read more

Policymakers need to find ways to encourage recipients of scam invitations to report them, according to a new consumer fraud report. read more

The deadline for submissions to the Australian Competition and Consumer Commission from interested parties on the application by a group of banks to bargain collectively with third-party mobile wallet.. read more

Mortgage company eChoice was removed from the Australian Securities Exchange's official list yesterday, leaving 1400 shareholders in what is now an unlisted public company. read more

The Financial Ombudsman Service is proposing to increase the cap on the size of small business loans it can deal with from A$2 million currently to $10 million and to increase claim limits from $500,0.. read more

Business technology supplier CSG Group has maintained a high rate of growth in its finance division, reporting a 24 per cent increase in lease receivables for the year to June. read more