zipMoney builds its book 02 August 2016 4:53PM A successful rollout of its zipPay retail finance product has given finance company zipMoney a boost to its loan book and revenue. read more
Household deposit growth offset by weaker business flows 02 August 2016 4:50PM Banks had mixed fortunes with deposit flows during the year to June, with household deposits growing strongly but business deposits weakening. read more
Sharp rise in household debt stress 01 August 2016 4:33PM Ten per cent of households with debt expect to have difficulty meeting minimum repayments over the next six to 12 months, according to ME's latest biannual Financial Comfort Report. This is a doubling.. read more
Loan markets soft 01 August 2016 4:31PM Lending growth has slowed in both the home loan and business markets, while personal credit is going backwards. read more
Fierce competition in the fixed-rate mortgage market 01 August 2016 4:28PM Competition in the fixed-rate segment of the home loan market intensified in July, with more than 20 lenders cutting their fixed rates and a growing number offering rates below four per cent. read more
MasterCard users still have only very limited access to Android Pay 29 July 2016 3:58PM Two weeks after Android Pay was launched in Australia, MasterCard users are still only getting very limited access to the system. read more
Macquarie confident it can match last year's record profit 29 July 2016 3:57PM Macquarie Group expects its earnings for its current financial year, which ends next March, will be "broadly in line" with the 2015/16 result, despite reporting that June quarter earnings were down on.. read more
Bank fees class action claims against other banks unlikely to go ahead 28 July 2016 4:25PM Class actions filed against six other banks over fees are unlikely to proceed, following the High Court's ruling in the ANZ case. read more
Trade payment days rise from record low 27 July 2016 4:22PM Businesses took an average of 44.9 days to settle their invoices during the June quarter - the first increase in average payment days since the March quarter last year. read more
Big and small businesses rate their banks very differently 26 July 2016 4:22PM A week after Roy Morgan Research reported that retail bank customer satisfaction levels had fallen to their lowest level since 2013, DBM Consultants report that business customer satisfaction has fall.. read more