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Treasury has called for finance industry comment on the effectiveness of the ban on mortgage exit fees. read more

A number of financial institutions have signed up to a new business association, the Business Council of Co-operatives and Mutuals, which has been operating since the middle of the year. read more

Recruitment firm Robert Walters reported "a large increase in demand for credit assessors for both contract and permanent roles" during the third quarter, because banks forecast "increased growth i.. read more

Payment system providers may have to re-think their security procedures when Australia's new low-value payments infrastructure starts operating. Faster payment processing could pose greater security.. read more

The strong growth in the use of debit cards as a preferred payment method will be challenged by the New Payments Platform, the low-value payments infrastructure planned for the Australian financial.. read more

Housing finance data published by the Australian Bureau of Statistics yesterday shows a drop in activity in August, but economists have put the latest results down to volatility and say the trend is.. read more

Everyone knows that mutuals enjoy much higher customer satisfaction ratings than their non-mutual bank rivals. What has not been well understood is how good or not they are at turning those high rat.. read more

The latest personal insolvency statistics show that activity was down 8.7 per cent in the September quarter, compared with the September quarter last year. read more

The idea that investors are bailing out of at-call accounts and term deposits and getting back into the equity market has been challenged by a new survey by wealth manager MLC. read more

The bulk of the assets Westpac will acquire from Lloyds Banking Group Australia, in a deal announced on Friday, will end up in portfolios managed by the bank's St George division. read more