Lower interest rates not encouraging borrowing, says RBA 31 October 2012 5:17PM The Reserve Bank is "closely monitoring" the impact of recent interest rate reductions, which have encouraged accelerated loan repayment rather than new borrowing. read more
SecurePay to be the default payment gateway for AP's digital mailbox 31 October 2012 5:15PM Australia Post is to use its e-commerce payment service, SecurePay, as the default payment gateway for all "card not present" transactions made through its new digital mailbox, which was launched ye.. read more
Digital Post Australia ready to challenge Australia Post 30 October 2012 4:52PM As Australia Post prepares to launch its digital business this week, a start-up has confirmed its plans to compete in the digital postal services market. read more
Banks must cater to increasingly demanding customers, says Hirst 30 October 2012 4:50PM Bendigo and Adelaide Bank is well placed to meet the increasing demands of customers, says chief executive Mike Hirst. read more
Bankwest issues platinum debit card 30 October 2012 4:48PM Consumers who like to use platinum credit cards can now have a platinum debit card to match, with Bankwest's launch of the first platinum MasterCard debit card yesterday. read more
Treasury clarifies definition of limited recourse debt 30 October 2012 4:46PM Treasury has issued a draft amendment to the Income Tax Assessment Act that clarifies the definition of limited recourse debt. read more
ANZ challenged over provisioning policy 29 October 2012 5:23PM ANZ's decision to make a large release from a management overlay in its collective provision has proved the most contentious aspect of the bank's 2011/12 financial report. read more
Macquarie lending and leasing loses momentum 29 October 2012 5:21PM Macquarie Group's lending and leasing division, Corporate and Asset Finance, lost ground in the six months to September, with income being down four per cent on the previous corresponding period and.. read more
Resimac completes non-conforming RMBS issue 29 October 2012 5:20PM Lender Resimac priced an issue of non-conforming residential mortgage-backed securities on Friday, making it the third lender to issue non-conforming or non-prime securities this year. read more
Banksia receiver hopes to make a meaningful return 29 October 2012 5:15PM The receiver of the failed property finance company and mortgage fund manager, Banksia Securities, says it expects to provide investors with "a meaningful return" on their investment. read more