Mortgage Choice reports higher commission rates 22 February 2013 5:23PM The average upfront commission rate paid on loans written by Mortgage Choice brokers during the six months to December was 61 basis points - an improvement on the average of 59 basis points recorded.. read more
AMP Bank comes back to earth 22 February 2013 5:21PM After reporting very strong earnings' growth in 2011, AMP Bank came back to earth last year. Its operating profit in the year to December 2012 was only a fraction above the $61 million result the p.. read more
Suncorp shows how to compete in banking 21 February 2013 5:28PM Suncorp's banking division was one of the strong performers in the mortgage market during the December half-year. Its mortgage book grew 5.9 per cent, putting it ahead of most other lenders. read more
Qantas offers pre-paid with rewards 21 February 2013 5:27PM Qantas has joined forces with MasterCard and Heritage Bank to launch what it claims is the first pre-paid travel card with a reward program. read more
Weak retail conditions hit ThinkSmart's bottom line 21 February 2013 5:25PM Point of sale finance company ThinkSmart cited a change in its accounting policy as the main reason for a loss in the year to December. read more
Banks throwing confidential customer data in the bin 20 February 2013 5:42PM Banks are the worst offenders when it comes to exposing confidential client information to the risk of theft, according to a survey of the contents of commercial rubbish bins in Sydney. read more
Households not feeling the wealth effect 20 February 2013 5:34PM Despite falling interest rates, a bull market in equities and a recovery in the residential property market, consumer demand for credit remains cautious. read more
Small business lending reform deferred 19 February 2013 5:38PM The Government has decided to defer the inclusion of small business lending in the National Consumer Credit Protection Act. read more
Three surveys equal three big bank winners 19 February 2013 5:35PM When it comes to the major bank with the highest satisfaction rating among business customers, you can pretty much take your pick. There are three surveys and each one gives the gong to a different.. read more
RMBS market powers ahead 18 February 2013 5:51PM A week after Bendigo and Adelaide Bank completed an issue of residential mortgage-backed securities at the best pricing the market has seen in two years, Westpac has gone one better. read more