Regional reserved over open banking 21 October 2019 5:11PM The approach of open banking, slated for February 2020, is raising strategic concerns, rather than technical questions, at some of Australia's neobanks and smaller banks. read more
Next-gen banks locked onto open banking 18 October 2019 5:09PM Australia's next generation of so-called neobanks are relying on open banking to lift their businesses from niche players to serious mainstream banking contenders, without delay. read more
Allied Credit looks to vehicle finance 18 October 2019 5:04PM Allied Credit, specialist financier for the motorcycling and marine sectors, has appointed a new chief executive and revamped its management team in a bid to expand its motor vehicle finance business. read more
Newcastle Permanent hit by upgrade costs, changed banking patterns 11 October 2019 5:03PM Newcastle Permanent's annual results for FY2019, show the mutual's net after-tax profits dropped almost 20 per cent, compared to its prior FY2017/18 year. read more
La Trobe's RMBS boosts lending capacity 11 October 2019 5:00PM Diversified wealth manager and non-bank lender La Trobe Financial has disclosed the pricing for its latest residential mortgage backed securities issue, which it said attracted strong levels of over-s.. read more
APRA to take a tougher line on governance and culture 10 October 2019 5:08PM APRA has set itself an "ambitious agenda" for monitoring the governance, culture, remuneration and accountability of the expanded range of entities it now supervises. read more
APRA resets executive 04 October 2019 3:27PM APRA has announced a string of executive appointments as it moves to an industry-based supervision model for the banking, superannuation and insurance sectors. read more
Big Four permit the rest to protect their margins 04 October 2019 3:26PM Treasurer Josh Frydenberg has been out and about for a second day, exhorting the major banks to pass the full 0.25 per cent cash rate cut to their customers, to no avail. read more
Liberty frees up $500m for SME lending 04 October 2019 3:23PM Liberty Financial has priced the first securitisation of its small-to-medium business loans for 2019, raising $550 million from a range of investors. read more
Suncorp sure on digital dreams 27 September 2019 4:02PM At the Suncorp AGM yesterday shareholders were assured the company's investment in digital technology was set to reap rewards in the form of lower cost and increased operational efficiency in FY20. read more