270

Australian households are comfortable with their current financial position, with average household savings growing and debt under control, but a significant number are ill-prepared for the loss of a.. read more

Banks will start to use the new internet domain ".bank" this week, promising higher levels of security for their customers. read more

National Australia Bank chief executive Andrew Thorburn is moving away from the strategic focus of his predecessor in retail banking. read more

A tax law amendment passed in the Senate last week limits the availability of the Offshore Banking Unit concession in circumstances where it could otherwise be used to convert an ineligible activity i.. read more

Legislation to abolish First Home Saver Accounts was passed in the Senate last week, bringing an end to a well-intentioned scheme that was poorly constructed and failed to attract much support. read more

Commonwealth Bank remains the benchmark in online transaction banking according to consumer finance researcher Canstar, which has rated CBA the best online bank for the sixth year in a row. read more

National Australia Bank has the highest proportion of business customers who regard the bank as their main financial institution, according to new research. read more

ING Direct has bowed to customer demand and is preparing to offer a credit card for the first time in its 20 years in the Australian market. read more

Debt servicer Pioneer Credit is launching a range of credit and debit cards, working in partnership with the authorised deposit-taking institution Goldfields Money. read more

Basper Ltd, which is raising capital to acquire DirectMoney, has extended the closing date of its capital raising so that it can comply with a request from the Australian Securities and Investments Co.. read more