CUA reports strong earnings, mortgage sales growth 10 March 2015 5:50PM Australia's largest mutual financial institutions, CUA, has reported a solid increase in earnings for the December half, on the back of strong lending growth. read more
Digitisation project to cut cost of cheques 10 March 2015 4:08PM The Australian Payments Clearing Association will introduce new digital cheque imaging technology in June, paving the way for the physical exchange of cheques to be replaced by electronic transmission.. read more
Indebtedness weakly correlated with financial stress, RBA finds 10 March 2015 4:07PM Indebtedness is only weakly correlated with financial stress, Reserve Bank researchers have found in the course of stress testing Australian households. read more
Surcharging still a hot issue for consumers 10 March 2015 4:06PM Payment card surcharges remain unpopular with consumers, with a new survey showing 93 per cent of people would like to see them removed. read more
GE Capital hangs out its unitranche shingle 06 March 2015 4:43PM GE Capital has signalled its intention to increase share in the local leveraged loan market, with a presentation at yesterday's AVCJ Private Equity and Venture Forum on its unitranche leveraged financ.. read more
Lower interest rates don't tempt business 06 March 2015 4:42PM Last month's interest rate cuts have had little impact on business plans to borrow. Among companies surveyed by Dun & Bradstreet last month about their outlook for the June quarter, only 19 per ce.. read more
Financial adviser register is a work in progress 05 March 2015 4:39PM The Australian Securities and Investments Commission's new financial adviser register, which will be launched on March 31, will need to be reviewed to address a number of shortcomings, according to an.. read more
CommSec market share falls 05 March 2015 4:38PM Commonwealth Bank's execution-only broking business, CommSec, suffered a further decline in its market share in the second half of 2014. read more
FlexiGroup buys NZ leasing company 05 March 2015 4:38PM Store finance company FlexiGroup has entered into a binding agreement to acquire Telecom Rentals, an IT and telecommunications equipment leasing company, from Spark New Zealand. read more
Sydney fintech hub to open in May 04 March 2015 4:25PM Sydney's fintech hub should be up and running by May, following the appointment yesterday of DEXUS Property Group as the property partner and former AMP chief executive Craig Dunn as the body's chair. read more