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Financial institutions giving enforceable undertakings to the Australian Securities and Investments Commission face a tougher process, following changes to ASIC's approach. read more

One in five consumers pays only the minimum monthly payment required on their credit card accounts, according to a new survey. read more

If the major banks adopt the credit assessment systems being used by PayPal and other innovators they could "grow the pie" in SME lending by as much as nine per cent, according to new research. read more

ING Direct has made another move in its bid to increase the number of customers who use the bank as their main financial institution, with the launch of a cash-back offer for mortgage customers. read more

The majority of Australian chief financial officers are planning only moderate investment in their businesses in the coming year. read more

Lenders are doing a better job dealing with customers in financial difficulty, according to a survey of financial counsellors. read more

Senior Reserve Bank officials have told a Senate inquiry that the "very limited" use and acceptance of digital currencies in Australia meant these alternative forms of payments did not pose any financ.. read more

The Australian Competition and Consumer Commission has renewed its authorisation of the suspension and termination provisions of the Bulk Electronic Clearing System. read more

Market information provider Bloomberg plans to include loan-level data in its residential mortgage-backed securities analytics platform after June 30, when new securitisation industry reporting guidel.. read more

A number of deposit-takers have cut their at-call deposit rates by more than 25 basis points since the Reserve Bank reduced the cash rate by 25 bps last month. read more