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The latest figures from the Reserve Bank, published yesterday, show that the home loan balances of Australian lenders grew by 4.7 per cent over the 12 months to August. The annual rate of growth inc.. read more

The Australian Financial Markets Association has welcomed the Government's decision to defer the start date for reforms to the offshore banking unit regime, saying the deferral will give industry an.. read more

Veda Australia has launched a new service that gives consumers access to their credit scores, an analysis of how these scores have been determined and an anti-fraud monitor. read more

Westpac has priced the top tranche of its latest issue of residential mortgage-backed securities at 85 basis points over the one-month bank bill swap rate - five basis points more than Commonwealth.. read more

Payday lender Money3 has secured the rights to acquire stores from Cash Store, which went into administration earlier this month, as well as collect payments on outstanding loans. read more

A number of banks have failed to act on recommendations for good industry practice in handling chargeback requests and will be asked to work with the Code Compliance Monitoring Committee to raise th.. read more

Commonwealth Bank has cut back the points earned per dollar spent on its Platinum American Express credit card. From October 1, consumers will earn 2.5 awards points per dollar spent - down from thre.. read more

The Australian Prudential Regulation Authority will develop standardised reporting requirements for only one of the four components of its conglomerate framework. Yesterday, the regulator issued two.. read more

The world's large internationally active banks are €115 billion short of capital, according to the Basel Committee on Banking Supervision. read more

The Reserve Bank has repeated its message that it is important that banks maintain a prudent risk appetite and prudent lending standards, especially in the current low interest rate environment. But.. read more