149

Losses on the resale value of units, especially in regional areas, cast light on the ongoing debate over the risks to lenders from the escalating supply of multi-unit developments. read more

A new study predicts the global spend via mobile wallets, currently concentrated in the east Asia region, will rise by nearly 32 per cent this year to US$1.35 trillion. read more

The banking industry may trample on the terrain of the debt consolidation sector, working alongside the financial counselling sector to set up a "new debt repayment service to help people manage multi.. read more

ASIC's innovation hub may be reaping some early benefits, outlined by Treasurer Scott Morrison in a speech on Friday in which he said the hub had "assisted more than 100 entities." read more

A projected cut in the dividend at National Australia Bank and also Westpac is off the table, for now, according to sell-side analysts at UBS. The wave in home loan repricing that kicked off before Ch.. read more

The stability of bank funding is not assured in an approaching era of fintech disruption of banking, warned Mark Carney, the head of the Financial Stability board, at the same time as he queried the s.. read more

Credit insurance claims remain elevated, with claim numbers 31 per cent greater over the December 2016 quarter compared with December 2015. read more

The march of contactless card payments towards ubiquity is proceeding. At MasterCard, contactless payments now account for more than 80 per cent of payments. read more

Fixed income broker FIIG Securities, a prominent force in the origination and trading of corporate bonds, is losing key executives. read more

A rebound in the level of business lending may extend into the new year, in light of warm measures on recent and projected demand from the ABS and Veda yesterday. The ABS said the value of commercia.. read more