Xero makes sales pitch for open banking 07 September 2018 5:22PM Business accounting software provider Xero has launched an open banking platform, designed to allow financial institutions of all sizes - including fintechs - to give faster access to financial data t.. read more
ANZ and CommBank follow Westpac rises 07 September 2018 5:20PM Yesterday ANZ and the Commonwealth Bank joined Westpac as the latest big banks to push up variable home loan interest rates. read more
Fees, performance of banks' super funds take further flak 05 September 2018 5:13PM The debate over the cost of poor performance by bank-owned retail funds versus industry super funds has been further advanced. This time, it wasn't in front of the banking royal commission, but at the.. read more
Kogan to move into home mortgages 05 September 2018 5:11PM An ASX announcement late last week from Kogan.com stated that the pure-play online retailer is to branch out into the mortgage sector. read more
Byres on the BEAR necessity of good remuneration policy 05 September 2018 5:09PM The Banking Executive Accountability Regime (BEAR) formally came into effect on 1 July 2018 for the largest banks, and other ADIs have until mid-next year to get themselves ready. They had better star.. read more
RBA wants to see jobs and growth 05 September 2018 5:08PM In a wide-ranging but conservative speech in Perth last night, Reserve Bank Governor Philip Lowe re-iterated the RBA's priorities are based around lowering unemployment, lifting wages and keeping a li.. read more
CUA raises $225 million in investor funding deal 31 August 2018 5:19PM Australia's largest credit union, CUA, completed its fourth medium term note issue since 2016, raising A$225 million to put toward further expanding its loan books. read more
Goldfields Money in trading halt 31 August 2018 5:13PM Goldfields Money Limited asked the ASX for a trading halt on its securities, effective from the start of trading on Thursday 30 August 2018 until Monday 3 September. read more
AMP group's woes lead S&P to revise outlook on AMP Bank 31 August 2018 5:12PM S&P Global Ratings has revised its outlook on AMP Bank Ltd from stable to negative. read more
Goldfields Money brought down by merger scuffle 30 August 2018 4:32PM The profitability of Australia's newest bank, Goldfields Money, has been plagued by a takeover battle for control of the company between two established players. read more