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Qantas Credit Union has contracted with Infosys Finacle to replace its core banking system and build a number of new front-end platforms. read more

ING Direct has established a specialist commercial property team to work with brokers looking to diversify their businesses beyond residential property. read more

Broker franchise group Mortgage Choice is getting out of the comparison website business, announcing yesterday that it would close its Help Me Choose unit. read more

ANZ has issued updated details of its Asian portfolio, aiming to reassure the market that its exposure to China is relatively small and secure. read more

Balances accruing interest on credit and charge cards have hit their lowest level in seven years, as consumers continue to pay down their personal debt. read more

Commonwealth Bank completed the retail component of its entitlement offer on Friday, raising A$1.5 billion dollars and leaving it with some work to do to reach the target it set when it launched its c.. read more

The High Court has granted leave to the representatives in the ANZ bank fees case to appeal the judgment of the Full Court of the Federal Court. read more

New business lending fell in July - the third consecutive month of negative data for the sector. read more

The Australian Securities and Investments Commission has released a critical report on the consumer leasing market, with a finding that reforms "could be considered" to address unreasonably high costs.. read more

Pricing on a Citigroup issue of residential mortgage-backed securities completed on Friday indicates a gradual but steady widening of margins in the RMBS market. read more