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Bank of Queensland is making some headway with its lacklustre productivity and high cost base, and is meeting its targets to limit the rise in expenses over the past year. read more

Standard & Poor's says it has lifted its long-term issuer credit rating on Members Equity Bank to BBB+, from BBB. S&P affirmed the short-term rating at A-2, and said the bank's outlook is st.. read more

Fans of fixed interest can take some heart from a revival of non-government bond turnover during the year to June 2013. The Australian Financial Markets Association said, in its annual Financial Ma.. read more

Most of the Commonwealth Bank's 23,000 employees will received a pay rise of 3.75 per cent, back-dated to July 1, under a short-term rollover deal negotiated with the Finance Sector Union and approv.. read more

ANZ says it will consolidate its two Melbourne contact centres into a single site in South Melbourne. The bank plans to close its Mulgrave centre late next year. read more

A blog posting by Steven Münchenberg, chief executive of the Australian Bankers Association, headlined "Myth busting - facts about banks' profitability", needs a response. Münchenberg criticises the.. read more

Home loan refinancing between two banks will soon be possible on the online property exchange, PEXA. read more

Wide Bay Australia aims to begin making business loans by November, the Bundaberg-based lender said yesterday. It will be the first real foray into business lending for the building society, which a.. read more

e-pay Asia, an ASX-listed payments processor with an Asian business focus, is evaluating a takeover bid from its major shareholder, GHL Systems Berhard. read more

Methods for sending remittances home to poor families in the South Pacific and Asia need work by Australian and New Zealand banks, as the costs of doing so remain high, a World Bank study has found... read more