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Most Westpac staff will receive a pay increase of 3.75 per cent in 2013 and 2014, provided they are rated "effective" or better in their regular review, according to the Finance Sector Union. read more

Almost two-thirds of finance professionals in Australia intend to look for a job elsewhere this year, according to a survey by job placement website eFinancialCareers. read more

Banks received steady scorecards yesterday from two regular monitors of the state of customer service satisfaction. read more

Auditors of the failed mortgage funder, Banksia Securities, may be targeted by receivers to recover any shortfall in the wind up of the firm. read more

Michael Chaney plans to stand down from the board of National Australia Bank in 2015. read more

Banks in Australia do not need more capital, Westpac chair Lindsay Maxsted told the bank's 2012 annual meeting in Sydney. read more

Profits at the Bank of Queensland are "have now resumed a positive trajectory" the bank's CEO, Stuart Grimshaw, told the bank's annual meeting in Brisbane yesterday. read more

The labour force working in the finance and insurance industries has fallen by an estimated 19,000 over the 15 months since major employers stepped up cost-cutting in the sector. read more

Demand for new loans for business remains in the doldrums, with monthly lending volumes only two-thirds the level reported before the financial crisis. read more

The final report of the Victorian Taxi Inquiry has repeated a recommendation to halve the surcharge on electronic payments to five per cent, a step that would cost payment providers such as Cabcharg.. read more