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The state of play in the Eftpos market early in August was that Westpac and its subsidiary brand, St George, had written to merchant customers informing them that they had opted into the new Eftpos Pa.. read more

Eftpos Payments Australia was aware that two acquiring banks had opted into the new multilateral Eftpos pricing model by August 12. This was when it issued a press release saying Australia consumers.. read more

National Australia Bank has included a US$202 million tranche in an issue of residential mortgage-backed securities it launched yesterday. read more

Retail financial institutions have enjoyed a surge in their customer satisfaction ratings over the past few months. Cut-throat home loan pricing, generous deposit rates and lower transaction fees ar.. read more

Financial institutions offering first home saver accounts will have to issue periodic statements to customers telling them how long they are required to keep making contributions in order to be elig.. read more

Equipment finance company CNH Capital yesterday launched an issue of asset-backed securities, seeking to raise A$350 millio read more

Continuing volatility in the equity market has prompted some analysts to argue that investors should give up trying to pick stocks that will deliver capital growth and aim, instead, for stocks that ca.. read more

The Australian Taxation Office has adopted a more relaxed stance on the question of how much repair and maintenance is allowed on properties purchased by the trustees of self-managed superannuation.. read more

Australia's counterfeit banknote rate rose sharply during the 2010/11 financial year, reaching almost double the normal rate. read more

The Australian Government has included a mechanism for small financial institutions to pool their assets and issue covered bonds in an amendment to the Banking Act tabled by the Treasurer yesterday. read more