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Smaller deposit-taking institutions have seen a dip in their share of new business in the home loan market, monthly data on housing finance by the Australian Bureau of Statistics shows. read more

Rising home loan arrears and new concerns over concentration risks in its home market have led Standard & Poor's to revise its outlook on the Bank of Queensland's credit rating. read more

Third-party originators of home loans are pinning their hopes on a vote by the Senate to overturn regulations that ban exit fees from the beginning of July. read more

The timetable for "Mambo", the big banks' project to develop an electronic addressing system to speed up payments, is drifting amid lacklustre support from two banks and dissent among smaller banks.. read more

The main operating subsidiary of National Australia Bank traded in the red in the half year to March 2011, financial statements for Clydesdale Bank published this week show. read more

ANZ's Australian CEO, Phil Chronican, questioned the merits of residential property as an investment option in a speech yesterday, as well as the suitability of tax deductions on loan repayments on.. read more

More evidence is emerging of National Australia Bank's progress in its retail banking strategy in Australia. The segments of business performing best for NAB are deposits gathered under the UBank br.. read more

Westpac said yesterday that it planned two more branches in China "in the medium term". The bank received final approval to open a branch in Beijing from the China Banking Regulatory Commission, the.. read more

Paymark will begin to disable around 4000 Eftpos terminals in New Zealand, starting today, after merchants opted, or neglected, not to upgrade their devices in line with an edict to upgrade to the l.. read more

Kiwibank reported a profit of only NZ$1 million for the March 2011 quarter as the government-owned bank took a NZ$26 million charge for bad debts - practically all of it needed to cover provisions f.. read more