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Mortgage inquiries jumped in the June quarter, according to the credit bureau Veda, with inquiries being 6.9 per cent higher than in the June quarter last year. read more

There used to be two sure things in retail banking: variable mortgage rates followed movements in the cash rate and fixed rates followed longer-term wholesale rates. But this has changed. read more

Westpac will pay a margin of 2.3 per cent over the 90-day bank bill rate on its new subordinated note issue. read more

Many credit assistance providers offering debt consolidation services are at risk of failing to meet their compliance obligations because of poor risk assessment practices and lax record-keeping, an.. read more

The Australian Financial Markets Association's move earlier this year to change the way it calculates the bank bill swap rate means it is well placed to comply with new international standards for m.. read more

In a bid to increase its funding through stable deposits, Westpac has devised a new retail deposit product that mimics an annuity. read more

A senior executive from Macquarie Group, Andrew Hunter, has been appointed chief executive of the Australian Government's export credit agency, Export Finance and Insurance Corporation. read more

Struggling short-term lender Cash Store has lost its interim chief executive, Alan Grant, who has resigned. read more

The US Treasury and the Internal Revenue Service have announced a revised implementation schedule for the Foreign Account Tax Compliance Act. Foreign financial institutions affected by FATCA have be.. read more

Commonwealth Bank and HSBC have changed their advertising of structured investment products in response to the Australian Securities and Investments Commission's concerns that the material was poten.. read more