Households hit brakes on demand for debt 16 March 2012 5:29PM More evidence of the improving position of household balance sheets emerges from the annual analysis of the latest data available from the Household, Income and Labour Dynamics in Australia Survey. read more
Senate stalks banking sharks 15 March 2012 5:31PM The economics committee of the Senate is to conduct its second inquiry into the banking industry in 18 months. It has a mandate "to examine recent developments in the banking sector arising out of t.. read more
HSBC to quit New Zealand 14 March 2012 5:33PM HSBC is likely to sell its business in New Zealand but will keep its much larger operation in Australia. read more
Mutual discord over payments switch 12 March 2012 6:03PM The forthcoming divorce of the majority of Australia's mutual ADIs from their long-standing payments' provider is proving a strained affair. read more
A black letter year for credit unions 12 March 2012 6:01PM A risk Cuscal-linked credit unions will have to manage over the coming months is the uncompromising approach being taken by First Data, the sector's present provider of payment processing services,.. read more
PSB wedded to Eftpos regulation 12 March 2012 5:52PM A review of the regulation of the Eftpos system in Australia is underway, with the release on Friday of a short paper on options by the Payments System Board. read more
Customers ATM hires AWB exec as CEO 09 March 2012 5:48PM Customers Limited has appointed John Russell as chief executive, replacing Tim Wildash, whose resignation was announced only a day earlier by the board. read more
Reduced funding costs prop up profits 07 March 2012 5:35PM Lower funding costs in the wholesale and retail market may lift profits for major banks by as much as three per cent compared with recent estimates, new estimates prepared by RBS Equities (Australia.. read more
All farm debts subject to NSW law 07 March 2012 5:28PM The law in New South Wales that gives farmers additional rights of mediation in dealing with their lenders has been clarified by a recent High Court ruling, with lenders now having to document any l.. read more
Customers' CEO leaves 06 March 2012 5:54PM Tim Wildash, the chief executive of ATM operator Customers Limited, left the firm yesterday. He had given notice to the board of his intention to leave in recent weeks. read more