Mutual banks could be big winners from Greens' "People's Bank" 05 April 2018 5:33PM In stark contrast to the positive noises from the mutuals sector, the major banks did not react to a call by Greens leader Richard Di Natale for a return to state-sponsored banking in Australia. read more
ING, ME Bank feast on Westpac deposit slide 04 April 2018 4:53PM Three of the major banks lost ground in the household deposits market in February, with Westpac suffering net outflow of more than A$300 million on retail accounts. read more
Westpac promises least-cost routing but not until 2019 04 April 2018 4:51PM In a move aimed at placating federal politicians and thousands of angry retailers across the country, Westpac will today map out its plans to offer least-cost routing on contactless transactions. read more
Industry funds hit pay dirt on ME Bank investment 29 March 2018 5:40PM After several decades of trying to secure a foothold in the Australian financial services market, ME Bank appears to have settled on a winning formula. read more
ME focuses on credit card upgrade and NPP hook-up 29 March 2018 5:39PM Members Equity Bank is preparing to widen its presence in the credit card market, with plans to launch several new products later this year. read more
Small operators fear regulatory overdose 28 March 2018 5:32PM Robert Johanson, Bendigo and Adelaide Bank chair, warns that smaller banks could end up slapped with more new rules meant to deal with the major banks' ills. read more
Bendigo eyes next board chair after Baker anointed CEO 27 March 2018 6:02PM Bendigo and Adelaide Bank is poised to become the first ASX 100 company to have women holding the reins of its senior executive team and board of directors. read more
Baker signals continuity for "the Bendigo way" 27 March 2018 6:00PM Bendigo Bank has hired a Bendigo local as its new CEO, and other locals can also take comfort from the careful messaging that she issued to stakeholders on Monday. read more
ANZ tries to upend PC inquiry's methodology 22 March 2018 6:01PM ANZ Bank has hit out at the Productivity Commission's draft findings on banking competition in Australia, arguing that local banks do not hold substantial market power and are unable to pass on costs.. read more
AFG concedes ground on broker commissions 22 March 2018 5:59PM One of the country's largest mortgage groups has conceded that certain types of trail commissions deserve to be binned as part of proposed reforms to home lending practices. read more