Small business code needed, says Senate

The Australian Bankers' Association needs to develop a voluntary code of conduct for small business lending, the Senate's economics committee proposes in its report on the "post-GFC banking sector". read more

Mutuals see industry growth

Industry lobby the Abacus Group has released quarterly data that aims to extend the corresponding series from APRA to the small deposit-taking sector. read more

Banks open door to non-bank rivals

Lenders can expect the net interest margin they earn on home loans to decline by around 10 basis points over the next year, a study by Deloitte has found. read more

Westpac and NAB on a roll

Pricing levers at the disposal of Westpac's management, combined with improvements in market share, have led Morgan Stanley's bank equity research team to refresh its "overweight" rating on Westpac. read more

Curbs on card surcharges clarified

Fat surcharges on credit card payments may remain a feature of the payments landscape under revised rules released yesterday by the Reserve Bank of Australia. read more