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One of the few positives for banks over the past year has been the relatively high rate of deposit growth, but a joint study by Macquarie Equities and East & Partners suggests the weak corporate.. read more

While the official cash rate has fallen by 50 basis points since mid-2011, the major banks' average cost of deposits is estimated to have declined by only about 25 basis points, the Reserve Bank sai.. read more

Fears that covered bond issuance by the major banks would crowd out issuers of residential mortgage-backed securities are abating. read more

If the banks had given in to political pressure in 2008 and 2009, and followed official cash rate movements, they would have made losses in those years, the Australian Bankers Association said yeste.. read more

CUA's big investment program put the brakes on earnings growth in the December half-year. Australia's biggest credit union's net profit is down 5.5 per cent compared with the previous corresponding p.. read more

Australians are borrowing less to purchase their homes and investment properties, with the average size of new housing finance commitments falling from A$303,900 in July last year to $291,300 in Janu.. read more

Banks need to do a better job of communicating with their customers when dealing with chargeback requests, according to a Code Compliance Monitoring Committee report. read more

Consumers spent more on their credit and charge cards over the past year, but they reduced their average monthly balances and their average credit limits. read more

Lenders that make a claim on a lender's mortgage insurance policy and receive a payment may be in breach of their obligations if they have a dispute with the borrower lodged with an external dispute.. read more

The factoring and discounting sector is emerging from a slowdown that has held it back for more than three years. read more