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Westpac is making plans to offshore 83 jobs, from sites in Adelaide, Sydney and Melbourne, to India, the Finance sector Union said on Friday. read more

Traditional agency banking and bill payment services have become "declining" features of the business of Australia Post, the corporation said in its annual report for the year to June 2013. read more

Financial regulators need to foster diversity in business models, while focusing on supervision work in the most effective areas, two Reserve Bank of Australia senior officials said in separate speec.. read more

Broadway Leasing, a niche financier in Sydney, plans to rope in its introducers as share-holders as it undertakes a new funding round. The Sydney-based firm aims to sell A$1.2 million in new shares a.. read more

The Australian Government is "developing a plan for growth that will be centred around infrastructure" and which will feature "alternative financing options" that are yet to be specified, the treasu.. read more

Demand for business loans is consolidating, a rare sign of improving times for banks. The Australian Bureau of Statistics says the trend series for the value of commercial finance commitments increas.. read more

Financial comparison service iSelect may be straining to generate new revenue from the loans and deposit side of its business. It confirmed yesterday that its revenue projection for the first half of.. read more

Profits tumbled for Beyond Bank Australia in the year to June 2013, falling 18 per cent to A$23.2 million. Formerly Community CPS, the Adelaide-based credit union re-branded as a mutual bank in August.. read more

The Capital Finance business is one of the great entrepreneurial success stories of Australia's finance sector. Founded by the Bank of Scotland in the mid-1990s, Capital chased business mainly from s.. read more

Wollongong building society IMB said over the weekend that it plans to buy back up to A$14 million worth of its ordinary shares through an off-market tender. read more