Diners Club expands merchant base 11 May 2016 4:19PM Charge card issue Diners Club has reported a fall in revenue and profit for the year to December, but Diners' owner Citibank says the fall in income in the financial report is the result of an inter-c.. read more
Government commits to ongoing funding of the OAIC 11 May 2016 4:18PM After spending the best part of two years trying to shut down the Office of the Australian Information Commissioner, the government has changed its mind and provided ongoing funding for the organisati.. read more
Credit card rules to be overhauled 10 May 2016 4:23PM The government plans to tighten responsible lending obligations applying to credit card issuers to ensure they assess suitability based on a consumer's ability to repay the entire credit limit within.. read more
CML Group back on the acquisition trail 10 May 2016 4:20PM Receivables finance company CML Group is maintaining its push for growth, announcing its third acquisition in 12 months. read more
Unpaid ombudsman determinations worth more than $12 million 10 May 2016 4:20PM More than 30 financial services providers have failed to pay compensation ordered by the Financial Ombudsman Service since 2010. read more
ME cites funding cost pressure as its cuts mortgage rate by five bps 10 May 2016 4:19PM ME has decided to pass on only five basis points of last week's 25 bps cut in the cash rate. read more
SocietyOne completes latest capital raising 09 May 2016 3:49PM Marketplace lender SocietyOne has added two new financial institutions to its share register in its latest equity raising. G&C Mutual Bank and Maritime, Mining and Power Credit Union participated.. read more
Macquarie defends its corporate loan book 09 May 2016 3:49PM Macquarie Group has given investors a detailed rundown of the loan portfolio in its corporate and asset finance division, which has been the subject of criticism recently. read more
Balance the needs of borrowers and depositors in rates decision, Bendigo says 09 May 2016 3:47PM Bendigo Bank has joined ANZ and Suncorp in holding back some of last week's cash rate reduction when setting new mortgage rates. read more
NAB results at a glance 06 May 2016 4:12PM National Australia Bank reported a loss of A$1.7 billion for the six months to March. The result reflected losses on a number of discontinued operations, particularly CYBG Plc (formerly Clydesdale and.. read more