Business credit decline gathers momentum 15 August 2016 4:15PM New business lending has fallen for the third month in a row, with the rate of decline accelerating in the latest figures. read more
Slide in ATM use accelerates 15 August 2016 4:13PM The long-term decline in ATM usage gained momentum in the year to June. read more
Cheque use has halved over the past five years 15 August 2016 4:12PM Cheque account holders wrote an average of 9.7 million cheques a month in the year to June - down 16.4 per cent on the previous year, according to the latest Reserve Bank cheque payment data. read more
Whittling away at the credit card bill 15 August 2016 4:10PM Australian consumers continued to whittle away at their credit card balances over the last financial year. read more
BPS Technology buys Entertainment Publications 15 August 2016 4:07PM BPS Technology, the operator of the Bartercard system, has acquired Entertainment Publications Australia and New Zealand, a sales channel for the hospitality and tourism industry. read more
Westpac's stressed loans, funding costs up 12 August 2016 4:22PM There was more bad news from the big Australian banks yesterday, when Westpac reported that its stressed exposures rose in the June quarter and its cost of funds increased. read more
CBA cuts staff, branch and ATM numbers 12 August 2016 4:21PM Commonwealth Bank has taken a more measured approach to cutting staff and branch numbers than a couple of its rivals over the past few years but it is cutting all the same. read more
Amex introduces interest-free instalment option 12 August 2016 4:18PM American Express has added an alternative payment option for its credit card customers, allowing them to pay for large purchases in monthly instalments at zero interest. read more
ACCC concerned that business not ready for new unfair contract law 12 August 2016 4:17PM The Australian Competition and Consumer Commission is concerned that many businesses are not prepared for the implementation of new unfair contract provisions. read more
CBA committed to underperforming wealth management division 11 August 2016 4:07PM Commonwealth Bank chief executive Ian Narev said the bank was committed to its wealth management business, despite its weak performance and a trend for big banks to reduce their involvement in wealth. read more