SMSF loan market presents opportunity 18 February 2013 5:49PM 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 18 February 2013 5:47PM 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
Court finds ANZ's treatment of employee shabby but not illegal 15 February 2013 5:24PM ANZ has successfully defended a claim brought against it by a former employee who said it had breached its obligations under the Fair Work Act. But in the judgment handed down last week the bank was.. read more
Fixed-rate phoney war 15 February 2013 5:21PM 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 14 February 2013 6:11PM 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 14 February 2013 6:09PM 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
In the year of the yield play, CBA makes some dividend adjustments 14 February 2013 6:06PM Over the past few years, Commonwealth Bank has established a very unusual pattern of dividend payments, with low pay-out ratios in the first half and high ratios in the second. Yesterday, the bank s.. read more
Watch out for new hardship provisions, lenders warned 13 February 2013 5:46PM Lenders and credit representatives are being advised to pay close attention to new financial hardship provisions that take effect next month, as part of a number of changes to the National Consumer Cr.. read more
Global regulators call for tighter mortgage insurance rules 13 February 2013 5:36PM The structure of the mortgage insurance market would be improved if there was greater alignment between the interests of lenders and insurers, and also between lenders and borrowers, says a new inte.. read more
Credit card balances fall 13 February 2013 5:25PM 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