Westpac looks to tech project as a circuit breaker 07 May 2024 7:09AM Westpac is pinning its hopes for re-energising its business on a technology simplification program, Project Unite. read more
Westpac completes risk governance remediation 07 May 2024 7:06AM Westpac’s multi-year project to fix its risk governance, the CORE program, is complete, with independent reviewer Promontory Australia reporting that the bank has delivered all activities under the pr.. read more
Westpac results at a glance 07 May 2024 7:04AM Westpac reported net profit of A$3.34 billion for the six months to March 2024 – a fall of 18 per cent compared with earnings of $4 billion in the March half last year. read more
Business credit demand still growing 07 May 2024 6:48AM Business credit demand increased by 0.7 per cent in the March quarter, compared with the same period last year, according to the latest Equifax Commercial Insights report. read more
Government moves on AML reform 06 May 2024 7:43AM Attorney-General Mark Dreyfus has launched a new round of consultation with industry over the government’s plan to extend Australia’s anti-money laundering and counter-terrorism financing regime to co.. read more
Home loan size drives growth 06 May 2024 7:42AM An increase in the size of the average home loan, in line with higher property values, has been the main reason for the growth in the value of new mortgage lending over the past year. read more
Briefs: Latitude CFO quits, new Avenue Bank director, QuickFee raises capital 06 May 2024 7:36AM Jo Mikleus, senior vice president of AI and cybersecurity company Cyble Inc, has joined the board of Avenue Bank as a director. read more
Andrew Irvine sticks to McEwan's script 03 May 2024 1:18AM NAB’s new chief executive Andrew Irvine hosed down speculation of big changes around strategy, by saying the market should not expect any “major pivot”. read more
Credit quality issues emerge at NAB 03 May 2024 1:16AM At first sight, NAB’s credit quality looks to be in good shape, but there is more to it. read more
Margin pressures easing NAB says 03 May 2024 1:11AM Margin pressures that have hit bank earnings over the past year are starting to moderate. read more