Banks spending to find more customers online

Australia's largest retail banks are spending tens of millions of dollars on Google Adwords each year to attract new customers, and to retain existing clients, according to a new study tracking digita.. read more

ABA softens stance on basic accounts, farm fees

The ACCC has authorised changes to the Australian Banking Association's code of practice to prescribe criteria for basic bank accounts and, separately, not to impose default interest on farmers affect.. read more

Fintechs open new funding options

One big theme of the Australian Securitisation Forum's annual conference in Sydney is that technology has started to open securitisation funding for smaller non-bank lenders. read more

CUA sets up new growth funding option

Funding for growth in a post-Hayne world has become a lot easier for several of Australia's largest mutuals, with CUA now ready to issue a newly legislated mutual capital instrument. read more

NAB re-writes exec pay deal

NAB's executive remuneration framework introduced last year has been ditched, after further hits to the bank's reputation showed the new system was not working. read more