Shift to spending on plastic gathers momentum 16 February 2015 4:41PM December was a record month for spending on credit, charge and debit cards. read more
Decline is cheque usage accelerates 16 February 2015 4:40PM The rate of decline in the use of cheques picked a little last year, as consumers continued the switch to cards and electronic payments. read more
CUA makes a successful return to the RMBS market 16 February 2015 4:38PM CUA has completed its first issue of residential mortgage-backed securities since July 2013, paying a margin of 95 basis points on the top tranche of the deal. read more
Business finance market to maintain modest growth trend 16 February 2015 4:35PM New commercial finance commitments rose 0.4 per cent in December, compared with the previous month (in seasonally adjusted terms), according to Australian Bureau of Statistics lending data released on.. read more
Decline in cash usage will be long and slow 13 February 2015 5:28PM Cash usage may be in decline but it looks like being a long, slow demise. One measure of cash usage - ATM withdrawals - shows that consumers are reducing the amount of cash in their wallets at the rat.. read more
RBA warns FX market on need to lift its game 13 February 2015 5:27PM The Reserve Bank has warned foreign exchange market participants that if they do not adopt recommendations for improvements to market practices, they risk being hit with new regulations. read more
Suncorp Bank takes a prudent course 12 February 2015 5:28PM Suncorp Bank is focusing on writing profitable business and maintaining its margin ahead of asset growth at a time when low interest rates and economic uncertainty present risks for lenders. read more
Strong housing market good news for Genworth 12 February 2015 5:26PM Mortgage insurer Genworth has reported a 26 per cent increase in net profit for the year to December, putting the strong result down to "a favourable loss experience." Claims were down more than 30 pe.. read more
Collection House maintains the momentum 12 February 2015 5:24PM Debt buyer Collection House has maintained the steady growth in its debt acquisition program which has fuelled earnings growth over the past few years. read more
TD market sea change reflects new liquidity rule 11 February 2015 4:45PM More than 20 authorised deposit-taking institutions have changed the conditions of their term deposit products and now require depositors to give 31 days notice if they wish get their cash out before.. read more