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National Australia Bank chief executive Cameron Clyne says the bank got the balance right when it decided to pass on only 20 basis points of the 25 basis cut in the cash rate in November. read more

The number of Australians who own their home outright has fallen over the past decade, as more older Australians remain in debt for longer. read more

The Queensland Office of State Revenue has recommended that the State's Treasurer use the same administrative arrangements that apply to residential mortgage-backed securities for the treatment of s.. read more

Payment fraud in Australia jumped 23.2 per cent in the year to June, according to the Australian Payments Clearing Association, with card-not-present payments being the fraud hotspot.  read more

Westpac chairman Ted Evans told the Government yesterday that it should butt out of banks' interest rate decisions. He said the banking system needed "the flexibility to adapt to a changing world. On.. read more

The Financial Ombudsman Service has received "quite a number" of inquiries and dispute allegations about contactless card payments over the past year. read more

Treasury took a conservative approach to streamlining disclosure and liability requirements for retail bond issuers in a discussion paper issued yesterday. read more

The number of housing finance commitments has edged up steadily since the start of the year, but the value of these commitments has been declining in recent months. read more

Macquarie Bank, HSBC and Bank of Queensland were among those with the highest levels of customer complaints recorded by the Financial Ombudsman Service during the 2010/11 financial year. read more

Adelaide Managed Funds, an associate of Bendigo and Adelaide bank, yesterday recommended that unit-holders in one of its funds, Asset Backed Yield Trust, reject an offer for their units. read more