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The tension between banks and the political class took a tired old turn yesterday, with a tyro Treasurer questioning recent rate rises for borrowers and whining about the level of bank profits. read more

Sydney Airport is seeking expressions of interest from financial institutions to develop a wider "financial services offering" at the airport's international terminal. read more

Fees paid by banks in Australia for the Committed Liquidity Facility from the Reserve Bank of Australia will chew through more than two per cent of industry profits, or up to A$500 million a year, the.. read more

Global banks are lowering their targets for return on equity to a range of ten per cent to 15 per cent, a global banking risk survey from professional services firm Ernst & Young shows. read more

Counterfeiting of banknotes in Australia spiked by 63 per cent over the year to June 2015, the Reserve Bank of Australia said in its annual report. read more

Commonwealth Bank will lift interest rates on owner occupier and investment loans by 15 basis points from November 20, more or less following the lead set last week by Westpac. read more

National Australia Bank has reached one preliminary milestone in adhering to undertakings to customers and the corporate regulator in connection with customers in receipt of dodgy financial advice. read more

The Australian Government, in its formal response yesterday, offered a warm endorsement for all the steps taken by the banking regulator in the wake of the Financial System Inquiry. read more

Residential price appreciation in Australia and New Zealand "remains a key risk to bank ratings," ratings agency Standard & Poor's said yesterday in a wide assessment of factors in property market.. read more

The eftpos payment scheme has picked Bell ID as the key supplier to finally steer the scheme into the maturing niche of online and mobile payments. read more