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Demand for loans by business was at its highest in four years during the June 2012 quarter, the "flow of funds" data in the National Financial Accounts shows. read more

The Reserve Bank of Australia may replace the present series of polymer notes, which were introduced in the early 1990s. read more

ANZ will consolidate its overlapping branch networks in New Zealand over the next two years as the bank retires the National Bank brand it acquired in 2003 as part of the takeover of National Bank o.. read more

Banks may need to curtail their rate of return to help restore the social contract that binds financial institutions to their customers, says  Guy Debelle, assistant governor of the Reserve Bank.. read more

The Reserve Bank of Australia published a fresh and more detailed overview of the extent to which borrowers are ahead on their home loan repayments yesterday. read more

The average life and the overall profit of a home loan will fall if borrowers follow the advice of the Reserve Bank of Australia and pay down household debts even more quickly than they are already.. read more

The liquidators of Lehman Brothers Australia will have to compensate around 600 investors in toxic credit securities after the Federal Court ruled in favour of the plaintiffs in a class action on Fr.. read more

The damage to the credit ratings agencies in the judgement on the class actions between three local councils and Lehman Brothers Australia over the investments in toxic debt instruments is merely re.. read more

Major banks in Australia need yet more capital, the International Monetary Fund argued in a review of macroeconomic policy published overnight. read more

A long-running project by mutual banks, building societies and credit unions to find investors in a tier-two capital instrument has secured clearance from the regulator, with marketing now finally g.. read more