APRA spells out its approach to debt held in bank subsidiaries 20 May 2014 3:25PM Earlier this month Westpac surprised the market when it disclosed at its half-year results presentation that changes to the regulatory treatment of debt in non-banking subsidiaries could have a negati.. read more
Vow shareholders accept Yellow Brick Road takeover offer 20 May 2014 3:23PM Yellow Brick Road will proceed with the acquisition of mortgage aggregator Vow Financial Holdings, after receiving acceptances from all 24 of the company's shareholders. The consideration, in cash and.. read more
Long-term growth in residential property investor numbers 20 May 2014 3:22PM The recent strong growth in housing finance for investors, relative to owner-occupiers, is not a new phenomenon. Growth in the number of investment property loans has outpaced growth in owner-occupier.. read more
mPOS devices to proliferate 20 May 2014 3:21PM Mobile point of sale terminals will make up almost half of all POS terminals in service by 2019, according to US technology market intelligence company ABI Research. read more
CBA tops business customer ratings 19 May 2014 3:21PM Commonwealth Bank was the only one of the big banks to increase its business banking customer satisfaction rating in April, and it has opened up large gaps over its rivals in the large business and me.. read more
Perth is Australia's insolvency capital 19 May 2014 3:21PM Western Australia is contributing more to Australia's growth in personal insolvencies than any other part of the country. read more
Contactless take-up slowing 16 May 2014 3:39PM The take-up rate of contactless cards has started to slow after strong growth in 2012 and the first half of 2013, according to a new survey. read more
Comprehensive credit reporting as an efficiency tool 16 May 2014 3:38PM The impact of comprehensive credit reporting will be felt initially in faster responses to loan applications. This was a view shared by speakers on a panel at an Actuaries Institute conference in Sydn.. read more
Margin lending market gathers momentum 16 May 2014 3:37PM Margin loan balances have increased for the past two quarters, representing the first sustained period of growth in the market since it peaked in 2007. read more
Consumers stick with cash for small payments 16 May 2014 3:37PM Contactless cards have made inroads into consumers' use of cash over the past couple of years but people still have a strong preference for using cash when they are spending less than A$20. read more