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The Government has adopted a strange approach to communicating its plan to abolish the first home saver account scheme, leaving affected deposit-taking institutions scratching their heads. read more

Financial software company MOGO+ received some publicity earlier this year for a new consumer product - a mobile app that allows consumers to gain access to all their accounts with a single password. read more

Commonwealth Bank's home loan and credit card arrears picked up a little in the March quarter and its net interest margin was "marginally lower". Otherwise, the bank reported a third quarter result th.. read more

Consumers are happiest when dealing with their banks online and least happy when they get a computerised voice response on the telephone. read more

The Australian government is abolishing the first home saver account scheme, citing lower than forecast take-up rates. New accounts opened from Budget night will not be eligible for concessions. read more

It is unrealistic for financial institutions to expect regulators to set rules identical to those operating in other countries, according to a panel of regulators speaking at the Thomson Reuters Regul.. read more

The debtor finance market has made a slow start to the year, with invoice discounting and factoring turnover in the March quarter down 10 per cent from the December quarter. read more

The housing finance market has been uneven in the first three months of the year but the level of new commitments is well up on last year's figures. read more

Westpac is the only one of the big banks whose online share trading site scored five stars in Canstar's latest rating of the sector. read more

Almost 10 per cent of Australians were affected by misuse of personal information over the past year, with more than half of victims suffering financial loss as a result. read more