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Members of Transcomm Credit Union last week cleared a demutualisation and merger with Catholic Super Fund. The Melbourne-based mutual has A$73 million in assets. read more

The distribution of debt in Australia remains skewed toward high-income households, which hold the majority of debt, an analysis by the RBA of data from the Household, Income and Labour Dynamics in Au.. read more

ANZ has appointed Mark Evans as managing director for transaction banking. read more

With too many investment borrowers paying loans back at rates in excess of five per cent and home loans available at rates of less than four per cent, there's one easy remedy to Australia's budget con.. read more

Selling National Australia Bank to an Asian name is one promising strategic choice apparently occupying thinking on the NAB board. read more

Australia's settled banking oligopoly approaches unfamiliar waters in coming weeks, with the deep engagement of the sector with 2016 electoral politics bound to trigger advanced strategic plotting aro.. read more

The Australian Securities and Investments Commission has commenced legal proceedings against National Australia Bank in the Federal Court in Melbourne, alleging "unconscionable conduct and market mani.. read more

The allegations are two-sided in ASIC's latest legal action, its third against a major Australian bank, for "unconscionable conduct and market manipulation in relation to National Australia Bank's inv.. read more

Banks in mainland China are becoming an increasingly important source of international bank credit, at the same time as international banks scale back their own lending to Chinese entities. read more

Hedge funds cajoling peer-to-peer lenders into challengers made a long list of threats to traditional banks enumerated by Commonwealth Bank chief executive Ian Narev in a speech last week. read more