Bank Australia invests in growth

Bank Australia has reported a bumper year for new lending and strong deposit flows, but it has suffered a fall in earnings after increasing spending on marketing, branding and technology. read more

Credit card balances hit a six-year low

Balances accruing interest on credit cards have fallen to their lowest level in six years, as consumers continue to turn away from high-rate cards as a source of personal finance. read more

Use of telephone banking declines

There has been a sharp drop in the use of telephone banking services - consumers' least favoured way of banking - over the past couple of years, according to new research. read more

Consumer credit applications full of lies

Three-quarters of consumer credit application fraud involves people lying in their applications by falsifying personal details, failing to disclose existing debt or fabricating an identity. read more