CEFC survives for now

The Clean Energy Finance Corporation will remain in business for a little longer, after the Senate voted down a bill to abolish the financier yesterday. read more

IP Payments makes acquiring plans

IP Payments hopes to acquire credit card payments as an extension of its payment processing solutions for merchants. APRA gave in-principle approval to IP Payments to become a specialist credit card.. read more

More backers for rural finance plan

A plan for a populist lending mandate for the Reserve Bank of Australia has won more backing in Parliament. Independent Senator Nick Xenophon and Democratic Labor Party Senator John Madigan introduc.. read more

Small business bankers running NAB Asia

National Australia Bank must be hoping that extensive experience in Australia's small business banking market provides the right grounding to make an impact on Asia's banking scene. Yesterday, it co.. read more

Five plot card issuing entry

At least five firms, several involved in travel services, are contemplating joining MasterCard and Visa in Australia. However, they are hoping the Payments System Board will relax the requirements o.. read more

APRA is over card system supervision

One driver behind the planned relaxation of the payment card regulation framework, which became entrenched in Australia a decade ago, is a shift in thinking at the Australian Prudential Regulation A.. read more

Saving preference accelerates again

The household saving ratio took off once more over the September 2013 quarter, rising to 11.1 per cent from 10.2 per cent in the June quarter on a seasonally adjusted basis. read more

CBA surveillance detailed

"Consumer advocate" Michael Fraser provided another twist in tale of the escalating wrangle between himself and Commonwealth Bank yesterday when he published evidence of the bank's surveillance of h.. read more