Too Little Too Late saves bank skins 23 April 2024 9:03AM Ian Rogers Expect bank dividends to be slashed under severe climate risk scenarios, while bad debts (at 5 times.. read more
Macquarie shuts down car loan business John Kavanagh 23 April 2024 9:01AM Macquarie Group’s banking and financial services division is getting out of the vehicle finance mark.. read more
Briefs: New Auswide CEO on the job, Bank Australia adds Honey, businesses want finance options that John Kavanagh 23 April 2024 8:57AM Auswide Bank’s new chief executive Doug Snell had his first day on the job yesterday. read more
Macquarie fined for failing to monitor accounts John Kavanagh 22 April 2024 3:47AM Macquarie Bank has been fined $10 million for failing to have effective controls on customer cash ma.. read more
Financial counselling funding body up and running John Kavanagh 22 April 2024 3:44AM The Financial Counselling Industry Fund, which will administer industry contributions to the financi.. read more
Westpac adopts open banking for mortgage applications John Kavanagh 22 April 2024 3:42AM Westpac has partnered with mortgage processing technology company NextGen to use open banking for ho.. read more
Briefs: Bendigo and Adelaide chair takes leave, Suncorp completes hybrid bookbuild, Judo marks anniv John Kavanagh 22 April 2024 3:37AM Viki Carter has stepped in as interim chair of Bendigo and Adelaide Bank. read more
NZ sets sail for retail CBDC, by 2030 Ian Rogers 19 April 2024 7:53AM New Zealand is dreaming of a ‘digital cash’ version of the NZD currency. The only form of money “bac.. read more
Business failures at a 10-year high John Kavanagh 19 April 2024 7:52AM Business entering external administration reached 7,742 during the first nine months of the financia.. read more
Banks funding cost growth outstrips mortgage rate increases John Kavanagh 19 April 2024 7:51AM A key driver of the fall in banks’ net interest margins over the past couple of years has been the 6.. read more
More cash rate pass-through to come, RBA says John Kavanagh 19 April 2024 7:46AM Lenders increased rates on outstanding mortgages by a total of 320 basis points between May 2022 and.. read more
Mortgage serviceability indicator hits a record high John Kavanagh 19 April 2024 7:42AM Rising dwelling values and interest rates in the second half of 2023 pushed the share of income need.. read more
Too Little Too Late saves bank skins 23 April 2024 9:03AM Ian Rogers Expect bank dividends to be slashed under severe climate risk scenarios, while bad debts (at 5 times.. read more