CBA results at a glance: June half wipeout 11 August 2016 4:06PM Only two of Commonwealth Bank's six divisions contributed higher earnings to the group's result for the year to June and none of them achieved any earnings growth in the second half of the year. Year.. read more
CBA claims to have hit stable funding target 11 August 2016 4:03PM Commonwealth Bank says it has achieved a net stable funding ratio in excess of 100 per cent, more than a year ahead of the implementation of the new regulatory requirement. read more
New investor mortgage lending continues to surge 11 August 2016 4:02PM Mortgage lending to residential property investors has grown strongly for the second month in a row, after falling for much of the past 18 months. read more
Austrac forms new cyber security team 11 August 2016 4:01PM The anti-money laundering regulator Austrac has established a new cyber security team dedicated to identifying online terrorism financing activity, money laundering and financial fraud. read more
A new merchant acquirer enters the local market 10 August 2016 4:45PM United Kingdom payments company Worldpay has entered the Australian market, offering a fully integrated service that includes a payment gateway, merchant acquiring, access to alternative payment servi.. read more
Direct carrier billing takes off for Mobile Embrace 10 August 2016 4:42PM Mobile payments and marketing company Mobile Embrace had a strong year in 2015/16, expanding its business into a number of new markets, making a couple of takeovers and reporting big increases in reve.. read more
Resimac completes biggest non-conforming RMBS since the GFC 09 August 2016 4:36PM Resimac has raised A$750 million through an issue of residential mortgage-backed securities backed by non-conforming loans. read more
Heritage pulls out of loan approval slump 09 August 2016 4:35PM Heritage Bank suffered a fall in loan approvals and total assets during the year to June but says it returned to growth in the second half of the year. read more
Bank Australia and Intech Credit Union to merge 09 August 2016 4:34PM Bank Australia and Intech Credit Union have announced that they will merge. read more
Ten bps the most common rate cut 08 August 2016 3:54PM By the end of last week 26 lenders had announced changes to their variable mortgage rates, with about one in three cutting by just ten basis points. read more