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The South Australian government is changing its first home owner grant scheme, so that the grant will no longer be available for buyers of established homes. read more

The Senate Economics References Committee has blasted Commonwealth Bank for not keeping it fully informed about matters under review and for providing information that was "sketchy" and "left many key.. read more

Point of sale payment system provider Smartpay Holdings is ramping up its sales effort in Australia, after expanding across the Tasman last year, and plans to be a player in the emerging mobile paymen.. read more

The Labor government's controversial 2012 decision to change the period of inactivity before unclaimed money is transferred to the government from seven to three years is under review. This week Treas.. read more

Suncorp Bank has "dialled back" mortgage lending in cases where the loan-to-valuation ratio is above 90 per cent. The focus of the bank's mortgage underwriting has shifted to loans with LVRs below 80.. read more

Foreign exchange services company OzForex failed to meet its prospectus forecasts for new client and active client numbers during the year to March. read more

Low wage growth, high levels of household debt and cost of living increases will all contribute to heightened financial stress in the months ahead, predicts  the latest Dun & Bradstreet consu.. read more

SAI Global has announced the sacking of its chief executive and the receipt of a takeover offer - all in one day. read more

JP Morgan has downgraded National Australia Bank to "underweight", citing the steady decline in its net interest margin relative to the other big banks. read more

Westpac has been successful in a claim to recover a large shortfall on a margin loan facility, with the New South Wales Court of Appeal finding that it went to great lengths to help its customer save.. read more