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Investors continue to be the driving force behind the growth in the housing finance market. Over the past 12 months the share of housing finance going to investors has climbed from 36.5 per cent to 39.. read more

Australia's biggest credit union, CUA, is getting out of the financial planning business. The mutual announced yesterday that it would sell CUA Financial Planning to Bridges Financial Services. read more

The trustees of Australia's 528,000 self-managed superannuation funds have maintained their preference for cash and term deposit holdings, despite ongoing low rates. read more

The Credit Ombudsman Service has amended its rules to provide new exemptions from the controversial requirement that, once a complaint has been recorded by COSL and for as long as COSL is dealing with.. read more

Peer-to-peer lender SocietyOne has moved out of "soft launch" mode with an aggressive offer of an unsecured personal loan at 9.8 per cent. read more

ING Direct has been able to price its latest issue of residential mortgage-backed securities at margins close to what the major banks are paying. read more

Bankers looking to win new business should focus their marketing efforts on 25 to 34 year olds, who are in the "switching hotspot" according to new research. read more

The relative importance of cash as a consumer payment instrument has gone down, according to the latest Reserve Bank of Australia research. read more

Consumers are paying surcharges on only a small number of card payments, the Reserve Bank of Australia has found. read more

Sustained low interest rates are starting to take their toll on banks' deposit inflows. read more