News

National Australia Bank has paid penalties after the ACCC issued it with four infringement notices for alleged contraventions ...
Maile Carnegie, ANZ’s group executive Australia retail will leave the bank on 1 July, so in little more than a week. Bruce Rush, the Suncorp Bank CEO and managing director, Queensland will be the ...
ASIC is on the hunt for evidence of predatory lending fostered by mortgage brokers, with the regulator gathering data at this stage.
The Governance Board of the Reserve Bank of Australia will play a high level role in formulating the parameters of monetary ...
Operating costs, and in particular payroll, remain a thorn in the banking industry’s side. APRA’s quarterly ADI statistics ...
The Council of Financial Regulators says it plans to provide its report of its Review into small and medium-sized banks, conducted with the ACCC to the government by July 1st.
Curbing their reliance on mortgage brokers could allow Australian banks to boost their net interest margins and profitability ...
The Reserve Bank has laid out its timetable to progress its review of merchant card payment costs and surcharging. Following a meeting of the Payments System Board yesterday, the Board said it ...
“A practitioner-first release means that banks can remain on the monopoly [PEXA} network, whilst Sympli offers choice to tens of thousands of lawyers and conveyancers” Sympli said late last week.
Westpac appears to have not commenced any serious investigation into RAMS until July 2020, and sampling of loan applications ...
Scott Farrell, in a keynote address to FinTech Australia's CDR Summit, suggested that it was time to "take the Consumer Data Right to the next level, beyond operation, to performance of its objectives ...