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Glenn Stevens, governor of the Reserve Bank of Australia, told the House of Representatives economics committee that further rapid increases in household debt could be "trouble". read more

Dollar volume processed by PayPal in Australia on mobile devices exceeded A$2 billion in 2013, Adrian Christie, head of communications, said yesterday. Christie said this was up from only $35 million.. read more

PayPal has provided a few more crumbs of data on its business in Australia. read more

Two niche ADIs making plans to adopt bank status have registered a range of names for trademark protection. read more

Data submitted to a Productivity Commission inquiry shows the Clean Energy Finance Corporation has invested only a further $30 million or so since last September's Federal election. read more

Research from Commonwealth Bank has clarified the extent of the decline in spreads on high-end corporate loans over the last year, one of the factors containing margins for big banks. read more

Shifts in ownership within the specialised niche that is insurance premium funding may be creating conditions for a movement in market share and the prospect of better margins. read more

Westpac will invest up to A$50 million in early stage funding of technology start-ups, AFR.com reported on Friday. The bank will invest alongside venture capital manager Reinventure Group. read more

Australia's Treasury expects a significant rise in both productivity and offshoring of work in banking and insurance over the next 15 years. read more

One of the alleged principals of a nine year old funny money failure in Melbourne will stand trial on 136 criminal charges. read more