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A cut in the RBA cash rate of 50 basis points is on the horizon, once the property crash and wealth effects crank up unemployment. read more

Westpac NZ is to refund more than 30,000 customers a total of NZ$5.7 million after failing to give them promised fee waivers. read more

No banker or any representatives of any single financial institution are likely to be invited into the lockup on Monday afternoon for early access to the final report of the royal commission into misc.. read more

"There are just fewer people walking through the door," Westpac CEO Brian Hartzer confirms, in a commentary for the AFR on the causes and consequences of fading demand for credit. read more

Maitland Mutual Building Society plans to rename itself as "The Mutual Bank" early next year. read more

The deferral of the release of the final report of the Royal Commission into misconduct in banking until late Monday afternoon next week won't help any banks or investors or a government losing its co.. read more

Joust, a fintech burning cash, has found an ally in HouseandLand.com.au, a "proptech" start-up. read more

A regulatory redress scheme is needed in financial services, the Australian Law Reform commission recommends in a report on litigation funding. read more

The APRA interest-only lending earthquake yesterday eases credit conditions, but won't much soften the heavy landing in housing prices across eastern Australia.Limits continue to apply to interest-onl.. read more

Banking Day restarts on the 29th (after Australia Day) - our 16th year serving the banking sector. read more