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The image of consumers using small amount credit contracts as mostly vulnerable Centrelink clients has been challenged by new research, which claims the majority of borrowers are employed. read more

Policymakers and regulators need to address a number of constraints if Australia is to develop as a competitive offshore renminbi centre. read more

Bank of Queensland and CUA have joined the growing list of small mortgage lenders raising their variable mortgage rates. read more

If banks want to improve returns in an environment of low growth they are going to have to do something dramatic about their costs, such as taking the knife to branch networks or properly embracing in.. read more

The Australian Securities and Investment Commission has given its support to the idea of having a mandatory database of small amount credit contracts, saying it would help improve compliance in the pa.. read more

Credit card issuers have returned to the market with aggressive balance transfer deals and introductory low rate deals. read more

Westpac will rein in its expense growth in response to a business outlook that it characterised as "lower for longer". read more

Westpac's move to raise variable mortgage rates in the face of higher regulatory capital requirements will pay a return that is less than the cost of capital, according to the bank's chief executive. read more

Genworth reported new insurance written of A$8.5 billion for the quarter - down 13.3 per cent on the same period last year. For the year to date, new insurance written was $26.2 billion - down three p.. read more

Bill payments provider Bpay has won the tender to supply the first overlay service for the New Payments Platform. read more