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Latest news and insights on banking and finance in Australia and New Zealand, as delivered in the daily 7am Banking Day email news service (subscribe or take out a free trial).

Investor lending growth points to more tightening
03 August 2015 6:52am
There were a number of changes to investor housing loan prices and features over the past week and the lending data released on Friday suggests there will be more to come. » read more »
ACCC price fixing case against ANZ lost on appeal
03 August 2015 6:51am
The Federal Court has dismissed an appeal by the Australian Competition and Consumer Commission against an earlier decision of the Court that dismissed price fixing allegations against ANZ. » read more »
Bank activists obliged to rethink AGM theatre
03 August 2015 6:50am
Shareholder activists aiming to make a point via resolutions at company meetings will have to reconsider their options after one group had its plans smacked down by the Federal Court on Friday. » read more »
Pepper makes a strong debut
03 August 2015 6:49am
Pepper Group made an auspicious debut on the Australian Securities Exchange on Friday, with strong growth in the share price and the announcement of a new loan servicing contract. » read more »
Syndicated lending picks up in the June quarter
03 August 2015 6:47am
After a weak start to the year the Australian syndicated loan market picked up momentum in the June quarter. » read more »
July turns into a strong month for debt capital market issuance
03 August 2015 6:45am
A rush of debt capital market issuance at the end of the week took the total for the week to almost A$3.6 billion and monthly issuance to more than A$11.6 billion -  making July the second best month of the year behind January’s issuance of A$12.4 billion. » read more »
Briefs: NZ lending accelerates, new Rural Bank MD, HSBC appoints M&A head, mobile banking to trigger branch closures
03 August 2015 6:45am
Bank lending to New Zealand farmers accelerated in June as loss-making dairy farmers racked up bigger overdrafts, Reserve Bank of New Zealand figures showed.
» read more »
Foreign news: Uber pilots car leasing business
03 August 2015 6:42am
Car-sharing service Uber has launched its own leasing business as a way of signing up more drivers, Reuters reports. » read more »
Aussie Post switches direction on payment gateways
31 July 2015 7:08am
Australia Post is putting to the sword one of its clutch of payments gateways. DirectOne will cease processing transactions in mid-November. » read more »
CBA adds loyalty capability to its app
31 July 2015 7:07am
Commonwealth Bank customers will be able to scan their loyalty cards into their banking app and display them on their smartphones when making purchases. » read more »
Cash Converters faces new Queensland class action
31 July 2015 7:06am
The behaviour of payday lenders continues to come under fire, with the launch yesterday of another class action against Australia’s biggest payday lender, the ASX-listed Cash Converters. » read more »
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