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National Australia Bank aims to overcome the threat of tighter and tighter margins by being more selective with the business it puts on its books, particularly in business banking. read more

Work undertaken by Macquarie Equities Limited under an enforceable undertaking has been rated effective and sustainable by an independent review, although there are still areas for improvement. read more

Housing affordability in Australia has deteriorated over the past year, according to Moody's Investors Service. read more

University of Melbourne professor of commercial law Ian Ramsay will chair a panel that will advise the government on the role, powers and governance of the financial system's external dispute resoluti.. read more

Suncorp Bank has joined ANZ in declining to pass on the full 25 basis points of the Reserve Bank's cash rate cut to its mortgage borrowers. Suncorp announced yesterday that it would lower its standard.. read more

The Australian Securities and Investments Commission has flagged changes to its innovation hub, announcing that it will issue a consultation paper on plans for a "regulatory sandbox" next month. read more

The default bankruptcy period may be reduced from three years to one year, under changes to bankruptcy and insolvency laws being considered by the Government. read more

ANZ reported a net profit of A$2.7 billion for the six months to March - a fall of 22 per cent compared with the previous corresponding period. On a cash basis profit fell 24 per cent to $2.8 billion. read more

Despite announcing a restructure of its wealth business earlier in the year, ANZ has said it will conduct a further review of the business. read more

In a move aimed at encouraging investment, asset-backed financing will be given the same tax treatment as conventional financing under changes to be introduced in July 2018. read more