10

Westpac yesterday announced a loosening of its broker remuneration policies in an apparent effort to rebuild market share in home loans. read more

Australia’s dalliance with buy now pay later services appears to be unravelling, with new consumer payments data revealing a dramatic slide in demand for the controversial payments method. read more

One of the world’s largest payments businesses continues to expand its Australian business profitably with little fanfare. read more

Westpac’s sluggish loan growth over the last 14 months has forced chief executive Peter King to ring changes to his senior executive team and structure. read more

Reserve Bank governor-elect Michele Bullock has urged the central bank’s salaried workforce to support a new pay offer to ensure they get pay rises at the same time as contracted staff. read more

National Australia Bank has removed a controversial clause in a document issued to retailers that advised them they were unable to surcharge customers on contactless transactions. read more

The Finance Sector Union has scored industry-leading pay rises and recognition of work from home arrangements under a new enterprise deal struck with the National Australia Bank. read more

Australia Post is preparing to shut down the Australian operations of its online payments service, POLi Payments. read more

Efforts by Australia Post to sell its POLi Payments subsidiary appear to have stalled as a raft of leading domestic banks continue to advise customers not to use the platform. read more

AMP’s ASX-listed scrip was dumped on Wednesday after a Federal Court decision potentially exposed the company to a raft of compensation payouts to aggrieved financial planners affected by controversia.. read more