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Westpac will boost its investment spending in a bid to increase customer numbers by one million over the next two years and to increase the number of products per customer. The bank has also committed.. read more

The focus of Westpac's IT work over the next year or two will be a project called the Single Customer Service Hub. read more

The chairman of lender Money3 has written to shareholders responding to criticisms of the company's board and management by its former chief executive Rob Bryant, who left in July. read more

After losing share in May and June, the major banks and their subsidiaries have regained lost ground over the past couple of months and accounted for 74.5 per cent of loans written by AFG brokers in A.. read more

The net wealth of Australian households has increased by more than 30 per cent over the past decade but the gains have been concentrated in high and middle wealth households. read more

With the Treasurer due to deliver the Government's response to the Financial System Inquiry in the next few weeks, Australian Securities and Investments Commission chairman Greg Medcraft has made a fi.. read more

Commonwealth Bank will pay a margin of 90 basis points over the bank bill swap rate on the top tranche of its latest issue of residential mortgage-backed securities. When it last issued in February it.. read more

The Australian reverse mortgage market has continued its trend of recent years, with a fall in settlements, an increase in discharges and modest growth in the value of outstanding loans in 2014. read more

The anti-money laundering regulator Austrac has cancelled the registration of Adelaide remitter Estefa Milka Honores, citing "significant money laundering risks." read more

Bank Australia (formerly bankmecu) has entered the broker distribution market, signing on as a panel member with aggregator AFG. read more