489

Changes to interest rates and fees in response to the ban on exit fees have been muted, with a little over one third of lenders putting up rates and about 20 per cent changing upfront fees. read more

The residential mortgage-backed securities market has made solid gains so far this year, with more issuers in the market, better pricing and a greater diversification of securities. But issuers say.. read more

Submissions to the Australian Payments Clearing Association's review of the future of cheques are overwhelmingly in favour of retaining the payment method. read more

The Australia Competition and Consumer Commission's review of a proposed joint venture to establish a new credit bureau, Experian Australia Credit Services, has become a drawn-out affair, with the c.. read more

AMP has welched on its commitment to use its merger with Axa to develop a banking business. Yesterday the wealth management company announced its post-merger business structure and leadership team. read more

When the Australian Securities and Investments Commission completed the first stage of licensing under the National Consumer Credit Protection regime, it received 14,000 registrations from lenders,.. read more

ANZ and National Australia Bank have the biggest exposure to the fast-growing mining, energy and agribusiness sectors, but ANZ also has the biggest exposure to the flagging manufacturing and retail.. read more

BT Investment Management's announcement yesterday that it will acquire the London-based fund manager JO Hambro Capital Management got a mixed response. read more

Queensland Teachers Credit Union will change its name to QT Mutual Bank after receiving the approval of the Australian Prudential Regulation Authority to use the term "mutual bank" to describe itsel.. read more

Andrew Marsh has spent the past 10 years working as a contractor in the automatic teller machine industry and for much of that time he thought there was a good business opportunity in providing a mo.. read more