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ANZ says it will consolidate its two Melbourne contact centres into a single site in South Melbourne. The bank plans to close its Mulgrave centre late next year. read more

A blog posting by Steven Münchenberg, chief executive of the Australian Bankers Association, headlined "Myth busting - facts about banks' profitability", needs a response. Münchenberg criticises the.. read more

Home loan refinancing between two banks will soon be possible on the online property exchange, PEXA. read more

Wide Bay Australia aims to begin making business loans by November, the Bundaberg-based lender said yesterday. It will be the first real foray into business lending for the building society, which a.. read more

e-pay Asia, an ASX-listed payments processor with an Asian business focus, is evaluating a takeover bid from its major shareholder, GHL Systems Berhard. read more

Methods for sending remittances home to poor families in the South Pacific and Asia need work by Australian and New Zealand banks, as the costs of doing so remain high, a World Bank study has found... read more

Suncorp Metway was "very close" to a bank run at the height of the financial crisis, in 2008, says the bank's former managing director, John Mulcahy. read more

The trustee of regional Victorian non-bank lender Gippsland Secured Investments hopes that receivers will be able to make an "ultimate return to note holders of between 80 cents and 90 cents in the.. read more

SGE Credit Union is taking steps to adopt a mutual bank status. The credit union, which mostly serves health workers in New South Wales, plans to change its incorporated name to SGE Mutual Limited a.. read more

Wollongong mutual IMB will stick to its plan to buy back and cancel all its ordinary shares. read more