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Amendments to Australia's Privacy Act passed in Parliament yesterday will come into effect from March 2014. read more

16 Romanian nationals have been arrested after a $30 million credit card scam. But the merchants who let their customers' data be disclosed may never pay a penalty. read more

ANZ's new Global Wealth and Private Banking division will double its salaried planners as it focuses more on advice, says its CEO. read more

Smaller banks such as HSBC, as well as credit unions, produced some of the worst results in the Financial Ombudsman Service's 2011-12 report. read more

RBA governor Glenn Stevens appears to have conceded that Australia's Big Four banks will need to hold more capital than their local competitors. read more

US and German regulators have intensified their war of words over the timely implementation of the Basel III framework for ensuring global financial stability. read more

Reserve Bank of Australia governor Glenn Stevens has suggested Australian dwelling construction could pick up soon - but he remains cautious about the prediction. read more

A day after revealing NAB, CBA and Westpac were scoring record satisfaction highs with consumers, Roy Morgan now suggests the Big Four banks have a little further to go with their business customers.. read more

Despite widespread complaints about "big banks" in general, Australian consumers have never been happier about three of the Big Four, says Roy Morgan data. read more

The Financial Stability Board's latest shadow banking report suggests Australia is at little risk from shadow banking. read more