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Mortgage aggregator AFG reported its highest monthly sales figures in almost three years in October, up 18.4 per cent on the previous month. read more

Store finance specialist FlexiGroup is moving into online payments with the purchase of the online payment service provider Paymate. read more

Wealth management businesses, which contribute six to 10 per cent of the earnings of the big banks, face a number of costly adjustments to their businesses next year as a series of reforms take effe.. read more

The Australian government's plan to tighten regulation of the short-term lending industry ran into trouble on Friday when a parliamentary committee handed down a review critical of the proposed cons.. read more

The Australian Securities and Investments Commission has rapped Westpac over the knuckles for publishing a guide to geared equity investment titled: "Stress-free Strategies to Accelerate Your Wealth.. read more

Lenders are taking advantage of the sharply inverse yield curve to slash fixed home-loan rates and compete for bragging rights on the lowest rate offered. read more

The majority of deposit-takers cut their term deposit and at-call rates in November, seemingly unaffected by the prospect that they might have to boost retail deposit inflows to make up for restrict.. read more

Firstfolio has rejected suggestions that it paid too much for its latest acquisition, Calibre Financial Services, whose purchase was completed yesterday. read more

American Express, which has a long-standing agency arrangement with Australia Post for the sale for foreign currency, travellers cheques and travel cards, is now putting its own staff into Australia.. read more

The Government has pushed back commencement of the tax discount for interest income to July 2013. The change was included in a package of revenue measures in the Government's Mid-Year Economic and Fi.. read more