CBA deploys online technology to boost wealth share 17 February 2016 5:16PM Commonwealth Bank is investing in a range of new wealth management services in a bid to increase its share of wealth products among its customer base. read more
BBSW review recommends evolution to revolution 16 February 2016 5:29PM A revised methodology for setting Australia's bank bill swap rate could include reference to a broader underlying market and a wider rate-setting window, but the fundamentals of the system would remai.. read more
Record spend on credit cards but revolving balances fall 16 February 2016 5:28PM Purchases on credit and charge cards picked up in December thanks to Christmas shopping but, with households keen to keep debt in check, the value of balances accruing interest fell. read more
Mortgage market settles down 15 February 2016 4:49PM After a volatile year, when regulatory intervention caused some wide swings in the mortgage market, activity appeared to stabilise in December. read more
Cash usage declines but still plenty in our wallets 15 February 2016 4:48PM Cash usage may be in decline but it looks like being a long, slow demise. One measure of cash usage - ATM withdrawals - shows that consumers are reducing the amount of cash in their wallets at the rat.. read more
Decline in cheque use picks up pace 15 February 2016 4:45PM The rate of decline in the use of cheques picked a little last year, as consumers continued the switch to cards and electronic payments. read more
Move to advanced accreditation pays off for Suncorp Bank 12 February 2016 4:33PM Suncorp Bank's investment in upgrading to advanced accreditation with the Australian Prudential Regulation Authority is already paying off, according to the bank, with a very low bad debt charge thank.. read more
CML Group buys CashFlow Advantage 12 February 2016 4:32PM Receivables finance company CML Group has announced that it will buy competitor CashFlow Advantage, boosting its loan book by more than a third. read more
Big margin lenders consolidate their positions 12 February 2016 4:31PM The big margin lenders, CommSec and ANZ Investment Lending, strengthened their positions last year, according to the latest Investment Trends report on the market. read more
The real action is at the point of sale 12 February 2016 4:30PM Banks love to talk about developments in their internet and mobile banking services but customer transaction data included in Commonwealth Bank's half-year results presentation package this week shows.. read more