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Suncorp Metway was "very close" to a bank run at the height of the financial crisis, in 2008, says the bank's former managing director, John Mulcahy. read more

The trustee of regional Victorian non-bank lender Gippsland Secured Investments hopes that receivers will be able to make an "ultimate return to note holders of between 80 cents and 90 cents in the.. read more

SGE Credit Union is taking steps to adopt a mutual bank status. The credit union, which mostly serves health workers in New South Wales, plans to change its incorporated name to SGE Mutual Limited a.. read more

Wollongong mutual IMB will stick to its plan to buy back and cancel all its ordinary shares. read more

Rosy estimates by Westpac of the progress of its Bank of Melbourne brand need a second look, with the bank making little consistent progress if independent analysis by Roy Morgan Research is any gui.. read more

eftpos Australia says it has picked banking technology supplier FIS to build a centralised payments hub that will supersede its 30-year-old bilateral network. read more

Talk of a property bubble, including one driven by self-managed super funds, "is over-stated at this point", Australia's largest home loan broker believes. read more

Buying a house with a home loan is no more of a strain than it used to be and may even be easier for lower income families than in the past. New estimates on housing costs by the Australian Bureau o.. read more

Victoria Teachers Mutual Bank hopes to arrest its margin decline over the coming financial year, with the bank aiming to source more funds from the wholesale market at rates cheaper than deposits. read more

Investors in the least well secured of the funds operated by Provident Capital can expect a final return in the range of 17 cents to 19 cents for every dollar of capital, says PPB Advisory, the firm.. read more