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Banks have enjoyed a pick-up in business customer satisfaction this year and are recording their highest satisfaction ratings since 2010, according to Roy Morgan Research. However, loyalty (measured a.. read more

Commercial finance has emerged over the past couple of months as the strongest sector in the lending market. read more

The average amount that consumers are spending on a debit card transaction is going down - a trend attributed to the increasing use of contactless payment cards. read more

Mortgage specialist Firstmac has completed its second issue of residential mortgage-backed securities in three months, raising A$700 million of funding. read more

Property was one of the fastest growing assets in self-managed superannuation fund portfolios during the year to June but its growth was not fuelled by an explosion of borrowing, the latest Australian.. read more

The steady fall in the pricing of residential mortgage-backed securities this year has spilled over into the asset-backed securities market, with Bank of Queensland issuing securities backed by vehicl.. read more

The next stage in the evolution of contactless payments will be driven by the removal of minimum spending requirements for card payments, according to RFi Consulting. read more

More than a third of consumers favour bank deposits as the wisest place to put their savings, according to the latest Westpac Melbourne Institute Index of Consumer Sentiment. read more

Apple has incorporated an NFC chip in its latest smartphone the iPhone 6 and will support it with a service called Apple Pay. The iPhone 6 and iPhone 6 Plus have an NFC antenna and a Secure Element ch.. read more

Credit Union Australia has been rolling out new products at the rate of about one a month since it bedded down its new core banking system earlier this year. The new products include a new savings acc.. read more