Saving ratio tumbles further

An extended fall in the household saving ratio is evident in the latest national accounts for Australia, to some degree vindicating recent analysis of this measure by the Reserve Bank of Australi.. read more

Foreign banks in fine fettle

Profits for foreign bank branches operating in Australia echo a wider picture of a robust banking sector, with a combined profit for this segment of the industry of A$1.44 billion over the year to Sep.. read more

Euronet in reverse in Australia

The ePay business of US payments processor Euronet Worldwide continues to wilt, with revenue down 13 per cent over one year and 26 per cent over two years, to US$78 million. read more

Time to get set for marketplace consolidation

The burgeoning list of (mostly) recently-formed starts ups with big visions in the marketplace lending sector in Australia will play a part in building the market, but they can expect to fall by the w.. read more

Fee caps a brake on Cabcharge

Limits on 'service fees' charged by taxi payments processors have had their expected impact on the profits of Cabcharge, with revenue from this source down by A$11.1 million, or 35 per cent, to $32.9.. read more

OneCash ATMs mostly useless

Hundreds of ATMs connected to the failed firms of OneCash Limited and DSM Connect Pty Ltd turn out to have had no value, adding to the mystery around a business where a hundred or more of the devices.. read more