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At least three of the inevitabilities of banking's cynical cycle are on display in the Australian finance sector at the moment, in the wake of product pricing changes on residential investment loans l.. read more

Staff of the Reserve Bank of Australia have acceded to management demands that they agree to work longer hours in order to secure a modest pay rise of two per cent a year. read more

Macquarie Group may be enjoying a decent start to its financial year, with contributions from most businesses during the June 2015 quarter "up significantly … and broadly in line with the prior quar.. read more

In the darkest days of the financial crisis (and in this case more like 2007 than 2008) rumours were rife that Pepper Homeloans, as the company was then known, may be about to hit the wall. read more

The sale of ANZ's car dealer finance arm Esanda is "high likely", said the bank's chief financial officer, Shayne Elliott, in an interview published on ANZ's own Blue Notes website yesterday. read more

All major banks and Macquarie face a hike in the level of capital they must apply to home loans from July 2016 in a measure that moderates, but does not level, the competitive landscape between the bi.. read more

Eftpos will lift scheme fees by 50 per cent over two stages to help fund ongoing investment in its belated move to adapt its payment cards into a online purchasing tool. read more

DC Payments, the operator of the largest automatic teller machine fleet outside those owned by banks, is finding new business hard to come by, the corporate performance update for the first two quarte.. read more

Baby banking mutuals in New South Wales are facing up to the strains they are under and responding by exploring or cementing mergers. read more

Mining, Maritime and Power Credit Union is another active leader in mergers at the small end of the mutual ADI market. read more