Credit growth 'unusual'

The recent pick-up in demand for housing credit “is unusual” the Reserve Bank said in its quarterly Statement on Monetary Policy yesterday. read more

Eftpos revs Westpac business

Westpac is stepping up in the crucial domain of ‘acquiring’ payments on behalf of merchants, with the momentum buttressing the growth of its business bank. read more

ACCC warns industry

Businesses across the banking and financial sector “should be mindful that the ACCC will not hesitate to take action where necessary to protect competition including through court action” the ACCC chi.. read more