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Members of a regional Victorian mutual, Swan Hill Credit Union, have voted in favour of a merger with bankmecu. read more

Transaction volumes on credit and charge cards are increasing but balances accruing interest are still in decline. read more

ING Direct management says it will spend a lot less time maintaining the bank's systems and a lot more time developing new products and services, following the transfer of its entire banking system to.. read more

Commonwealth Bank's performance was superior to its big banks rival during the first half of the financial year, based on several key measures. Although not directly comparable (CBA's half-year ends o.. read more

National Australia Bank reported a net profit of A$2.8 billion for the six months to March - an increase of 15.8 per cent over the previous corresponding period but a reduction of 1.1 per cent since t.. read more

National Australia Bank produced its first financial report under its new organisational structure, when it released its results for the six months to March yesterday. read more

Consumer group Choice had a lash at "risky" lending practices in a widely reported media release this week but it missed its mark. Choice took a swipe at a loan supposedly offering a loan-to-valuation.. read more

Technology and demographics are two themes that David Murray keeps coming back to in speeches made since becoming head of the Financial System Inquiry. He returned to them yesterday when addressing an.. read more

Yellow Brick Road has made an offer to acquire the mortgage aggregator Vow Financial Holdings. YBR announced yesterday that it had entered into an implementation deed with Vow and made offers to each.. read more

Australia's household debt is at its highest level in 25 years, increasing at twice the rate of growth of household assets. One saving grace, however, is that the rate of increase has slowed since the.. read more