SMSF loan market presents opportunity

Lenders should not expect lending to self-managed superannuation fund trustees to be any more than a niche market, but it is a sector that offers growth, says research company RFi. read more

Community support for a banking inquiry

Australians believe there is not enough competition in the banking market and that banks make excessive profits, and they want the government to hold an inquiry into the banking system. read more

Fixed-rate phoney war

Changes to fixed mortgage rates by a number of lenders over the past two weeks have been characterised as evidence of a new home loan war by several commentaries. read more

CBA results at a glance

Commonwealth Bank made a net profit of A$3.66 billion for the six months to December 2012 - one per cent higher than earnings for the previous corresponding period. read more

Technology drives CBA's retail bank gains

By June this year Commonwealth Bank will have completed its six-year core banking modernisation program. By then commercial lending will have migrated to the new system and the big IT project will b.. read more

Credit card balances fall

Last year was one to forget for credit and charge card issuers, with total spend on cards being A$260 billion, which was just 4.3 per cent higher than the total in 2011. read more