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Financial flows are proving a handy, and even reliable, indicator of the present state of demand and investment in the economy. read more

A retail payments hub could serve as a central database of "address" information for payees and also handle the delivery of better remittance information, the head of payments policy at the Reserve.. read more

International industry lobbying for a watering down of the liquidity targets proposed for banks may be successful, with both rumoured and confirmed evidence of a change of heart on the part of regul.. read more

People's Choice Credit Union, in South Australia, received a long-term credit rating of BBB+ and a short-term rating of A-2 from Standard & Poor's on Friday. read more

Credit insurer Atradius does not have to pay out a A$27 million claim to Optus over invoices unpaid at the time of the collapse of Bill Express in mid-2008, the Supreme Court of New South Wales has.. read more

National Australia Bank is cutting the number of business bankers on its payroll and steering customers towards call centres for help instead. read more

Cabcharge provided an outline of its views yesterday - and what might be the basis of future legal action - over forthcoming curbs on credit card surcharging. read more

ANZ has provided some extra glimpses of financial data on its Asian business, releasing the second instalment of a presentation provided to investment analysts last week. read more

Treasury is pressing the Australian government to acknowledge that there may be no further financial support for niche lenders in the form of investment in mortgage-backed securities. read more

The Payments System Board hopes to steer the banking industry towards a consensus on a new investment program that will deliver real-time payments, improved remittance data, a new numbering system a.. read more