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Promontory Financial Group has released its seventh and final report on the Commonwealth Bank's Open Advice Review program, showing many customers dropped out of the program. read more

The Reserve Bank's most recent annual survey on bank fees reports that Australian banks' aggregate fee income increased at "a relatively slow pace" in 2016. read more

The Government's industry funding model for ASIC is on the way to becoming a reality, with the ASIC Supervisory Cost Recovery Levy Bill 2017 and related bills receiving passage through the Senate. read more

Privately funded non-bank finance group Chifley Securities is to offer construction and commercial property loans at just 7.95 per cent. read more

Indications of interest are now being taken across all tranches for what will be known as the ABA Trust 2017-1 Australian-dollar denominated residential mortgage backed securities issue. read more

The Australian Prudential Regulation Authority yesterday released its final revisions to the reporting standards for securitisation. read more

NAB announced yesterday it had entered into an agreement with IOOF to sell National Australia Trustees business, in the wake of a strategic review of its operations. read more

Australia's largest specialist fixed-income dealer, FIIG Securities, has introduced another growing financial sector company, zipMoney, to its investor base. read more

Australia's major banks are treading close to the edge, and arguments that 'a very profitable sector is a safe sector' are not winning any points, said Shareholders Association director Stephen Mayne. read more

The imperative for Australia to expose its banking and financial sector to an open data regime has been getting an airing time and again of late, and at least two major banks have been listening. read more