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Australia Post's new Digital MailBox service will give users three payments options - its own Post billpay system, BPay or a credit card payment. read more

Investec Bank Australia has returned to profitability. As a result of a significant decline in impairments, the Australian operation contributed £3.4 million to group earnings for the year to March.. read more

Banks and other organisations with reporting responsibilities under anti-money laundering and counter-terrorism financing legislation may have to conduct far more comprehensive customer due diligenc.. read more

Submissions in response to a draft Credit Reporting Code of Conduct issued earlier this year have slammed the document, saying its writing is too complex, it is not a practical and, in some areas,.. read more

ThinkSmart has issued profit guidance, saying it expects to report a net profit of around A$500,000 for the six months to June - an increase of $2 million over the previous corresponding period. read more

The Australian syndicated loan market took a tumble in the March quarter, with the number of deals falling from around 30 in the December quarter last year to around 10 in the latest quarter. read more

The Australian Office of Financial Management has sold about A$300 million of its holdings in residential mortgage-bacjked securities. The Government's finance arm announced yesterday that it had sold.. read more

Mortgage lender Resimac has made a A$130 million offer to acquire the mortgage assets of RHG Ltd. read more

ASIC has permanently banned a Sydney motor vehicle finance and insurance broker after it was found he had engaged in dishonest conduct. read more

Lenders that are serious about doing business in the equity release market should improve the terms of their reverse mortgages and consider introducing home reversion products, according to a Univer.. read more