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Mortgage Choice has entered the car finance market, establishing a new business called Mortgage Choice Asset Finance that will offer borrowers access to 25 lenders, a car buying service and insurance. read more

The High Court will deliver its judgment on the bank fees class action case on Wednesday, ruling on whether late payment fees imposed by ANZ on credit card accounts constitute "penalties" within the m.. read more

Australian banks have a gap of around A$20 billion in the level of deposits they will need to meet net stable funding ratio requirements that come into force in 2018, according to a Macquarie Securiti.. read more

Out-of-cycle mortgage interest rate increases, low deposit rates, closure of branches and higher fees have taken their toll on retail bank customer satisfaction levels, especially among customers of t.. read more

Management consultant Sue Jauncey believes that one reason banks are taking a battering over their culture is because they are measuring the wrong thing. read more

Mortgage specialists Homeloans Ltd and Resimac have announced plans to merge, creating a A$13 billion home lending business. read more

Another 15 financial institutions will connect to Android Pay over the next few weeks - all of them using a service provided by Cuscal. The payments company was the third-party service provider for 25.. read more

The Australian Financial Markets Association has finalised changes to the methodology for setting the bank bill swap rate, which it expects to have in place in the next few months. read more

The Federal Circuit Court is looking at expanding a counselling service for debtors on its bankruptcy list, after finding that a trial it has conducted over the past couple of years was highly success.. read more

National Australia Bank's joint venture with Nippon Life, which will see the Japanese company acquire 80 per cent of NAB's life business, is a sign of things to some in the wealth management businesse.. read more