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Members of Sutherland Credit Union on Wednesday night endorsed a merger with IMB Bank, with 96 per cent of votes in favour. The merger will formally take place on 1 July 2016. read more

The Australian Bankers Association has launched a new website to help small businesses make loan applications and prepare business plans. read more

Consumers are taking their credit cards out of their wallets more often than they did a year ago but they are not allowing balances to accumulate at the same rate. read more

American Express Australia suffered a sharp fall in credit card receivables last year, while its consumer lending and charge card operations were largely unchanged from the previous year. read more

Mortgage company eChoice has announced its intention to delist the company from the Australian Securities Exchange, claiming the company would do better as an unlisted public company. read more

Google has announced that it will ban ads from payday lenders, in a move the company said was aimed at limiting the impact of a "harmful" industry. read more

Citibank has taken a lead in offering its credit card customers more flexible payment terms, introducing a fixed payment option that allows them to convert part of their revolving balance to a term pa.. read more

New investment housing finance commitments have grown strongly for the second month in a row, suggesting that mortgage lenders may be easing the restrictions on investors they imposed last year. read more

Yellow Brick Road is maintaining its growth push, announcing that it will acquire mortgage manager Loan Avenue. read more

The government will move to introduce two new classes of collective investment vehicles, it announced in last week's budget. The move, while welcomed by commentators, also came with the caveat that th.. read more