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Term deposit spreads, relative to wholesale rates, "turned against the banks" in October and November, according to Macquarie Research analysis. read more

Lenders stand to make substantial gains in the form of improved cash flow for their business customers if the Government adopts a proposal to reform the tax loss system. read more

Australia's A$1.5 billion gift card market may face tougher regulation in response to consumer complaints about variable expiry dates, restrictions on use, and fees that erode the cards' value. read more

The Bank of Queensland's new chief executive, Stuart Grimshaw, has defended his bank's strategy and its balance sheet strength in response to this week's ratings downgrade by Standard & Poor's. read more

Liberty Financial will pay 185 basis points over the one-month bank bill swap rate for funding on the top tranche of its latest securitisation of vehicle loans. read more

The Federal Court has ruled that Commonwealth Bank was not entitled to attach franking credits to distributions made to investors in a hybrid security issue, PERLS V. read more

Lenders won't be able to defend complaints from borrowers that they didn't meet their responsible lending obligations if they have relied on a standard credit checklist now the Credit Ombudsman Serv.. read more

When Tim Holmes addressed the shareholders of Homeloans Ltd at the company's annual general meeting, on November 25, he told them to expect consolidation in the "second tier of the non-bank" sector.. read more

The Australian Financial Markets Association has confirmed that the Big Four banks will retain their status as AFMA prime banks, despite their ratings downgrades. However, JP Morgan Chase has been r.. read more

Travel money specialist Travelex has relaunched its foreign currency pre-paid card, Cash Passport, with new features and sharper pricing. read more