Consumer credit card demand growing 09 April 2014 3:42PM Credit card applications grew strongly in the March quarter, suggesting that a market dormant for some years might be returning to growth. read more
PPSA review an opportunity to fix a complex and costly system 08 April 2014 3:36PM The Personal Property Securities Act has failed to meet a number of its objectives and needs to be amended to reduce its complexity and cost, according to the lawyer who will head the government's rev.. read more
PayPal upgrades mobile payment service 08 April 2014 3:32PM A week after the accounting software company MYOB announced details of its mobile payments service, PayDirect, the payment services provider PayPal has upgraded its rival service, PayPal Here. read more
Bankwest offer Qantas Frequent Flyer program on a transaction account 08 April 2014 3:32PM Commonwealth Bank subsidiary Bankwest has launched a new transaction account that offers Qantas Frequent Flyer program points. read more
Costs up and margins down at bankmecu 07 April 2014 3:58PM Mutual bank bankmecu suffered falls in its net interest margin, revenue and net profit in the six months to December, while its costs increased by almost eight per cent. read more
ING Direct calls for smarter switching and identification systems 07 April 2014 3:54PM The Australian financial system is not keeping pace with overseas markets on improving the ease and efficiency of consumer banking, according to ING Direct. read more
ADIs and foreign bank branches should be exempt from IWT, says HSBC 07 April 2014 3:53PM HSBC has called for changes to the interest withholding tax arrangements affecting authorised deposit-taking institutions and foreign bank branches, saying the tax is the "key impediment" to the growt.. read more
RMBS market plans on another good year 04 April 2014 5:06PM Conditions in the residential mortgage-backed securities market were strong in 2013 and are set to continue on the same course this year, according to one of the industry's leading dealmakers. read more
Cyber-security needs greater regulatory oversight 04 April 2014 5:05PM Among all the Financial System Inquiry submissions calling for a lighter touch at the regulatory tiller, there stood out a call for greater intervention in the area of cyber-security. read more
Firstmac calls for removal of ADI licensing hurdles 02 April 2014 5:02PM Mortgage lender Firstmac has called for the removal of finance sector ownership rules that preclude some non-bank financial institutions from applying for banking licences. read more