Senate report pushes for another bank levy

A Senate committee has called for a levy on the largest ASX-listed firms be raised to fund customer dispute resolution processes and providers, along with measures to boost the effectiveness of AFCA. read more

Defensive turn from Westpac

In their fifth appearance before the House of Representatives Standing Committee on Economics, Westpac's CEO Brian Hartzer and his group CFO Peter King played it safe on a range of issues arising from.. read more

NAB insider charged with bribery, fraud

A second woman, identified in Sydney's Central Local Court as Rosemary Rogers, has been charged as part of an ongoing investigation into a multi-year, multi-million dollar fraud against National Austr.. read more

Neo-lender Wisr mixes it up

Emerging financial services player Wisr, self-proclaimed as Australia's "first neo lender", reported "operational revenue" of A$1.2 million for the half-year ended December 2018. read more

First charges in NAB bribery case

As part of an ongoing investigation into a multi-million dollar fraud against National Australia Bank charges have been laid against the owner of a Sydney service provider involving more than 50 count.. read more

RBA to tweak card scheme standards

The Reserve Bank of Australia has asked for "stakeholder views" on eight proposed changes to standards governing card scheme interchange fees and to net payments to issuers in those schemes. read more

Goldfields Money proves its Finsure merger

Ambitious ASX-listed mutual bank Goldfields Money Limited has pointed to its half-year results for 2018/19 as proof that a merger last year with mortgage aggregator Finsure has already proved a succes.. read more

MyState lifts mortgage book

MyState's banking business achieved loan book growth of around two times system in the half-year to December 2018, although net profit declined. read more

APRA gears up as the new enforcer

APRA fronted the Senate Economics Legislation Committee - better known as the Senate estimates committee - yesterday and covered a grab-bag of topics, with the overarching theme that this year will be.. read more