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In the three months following the Reserve Bank's May cash rate cut, bank retail deposits increased by 1.2 per cent - an annualised rate of 4.8 per cent. Over the past couple of years, banks have bee.. read more

Lobbying by mutuals has failed to persuade ASIC to change the way it applies waiver rules in demutualisations. read more

The board of RHG says it has formed a view that the value of the latest takeover bid from the Resimac syndicate is higher than the "implied value" of the rival bid from the Pepper Australia syndica.. read more

Perpetual's corporate trust division benefited from a 50 per cent increase in RMBS issuance in the 2012/13 financial year. read more

Defence Bank has bucked the low-growth trend in banking, with above-average increases in deposits and loans during the year to June. Total assets grew by 12 per cent, to A$1.4 billion, during the 201.. read more

Yellow Brick Road enjoyed strong growth in revenue during the year to June 2013, but even stronger growth in commissions, consultancy fees and other expenses meant the company's progress towards pro.. read more

Victoria Teachers Mutual Bank achieved the remarkable feat in July of having 97.1 per cent of its retail customers say they were satisfied with the bank. The bank's approval rating rose 2.3 percentage.. read more

Card issuers are destroying the value proposition of their rewards cards by pushing up fees and reducing points' earning rates, says the comparison website Mozo.com.au. read more

More than 10 per cent of new mortgages have loan-to-valuation ratios of more than 90 per cent and more than 30 per cent have LVRs of above 80 per cent, according to APRA data. read more

Homeloans Ltd suffered a heavy fall in interest income during the 2012/13 financial year, while having to pay more in fees and commissions. A one-off asset sale saved the company from taking a big.. read more