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The usefulness of the Reserve Bank’s disclosure framework for reporting bank outages has come under fire again, with payments experts questioning whether the dataset is an accurate snapshot of the rea.. read more

The pricing behaviours of credit ratings agencies could come under intense scrutiny from the Australian competition regulator after S&P Global announced further expansion of its local profit margi.. read more

Bank of China’s local retail arm is reining in lending to business customers as it continues to expand its mortgage book at a breakneck clip. read more

As Australian banks move to offload or outsource their merchant acquiring businesses, a string of emerging payments companies are jostling to lure business customers with their service offers. read more

A fat provisioning release and one-off gains on asset sales shielded ANZ Banking Group’s bottom line profit from the impact of flaccid loan growth and margin contraction in the six months to the end o.. read more

Home lenders are expected to start hiking variable rate mortgages after the Reserve Bank’s decision to boost official rates by 25 basis points. read more

Victoria’s long term credit ratings remain on a stable footing despite a forecast blowout in public sector debt over the next four years following the release of Andrews Government’s 2023 budget. read more

Alternative trading platform Crypto.com has provoked outrage among customers in Australia and overseas with its decision to bin cash incentives for holders of its native token known as Cronos. read more

Incoming Commonwealth Bank chair Paul O’Malley’s appointment might not be a completely risk-free choice for CBA. read more

The Australian operations of global ratings agency, Moody’s Corporation, has emerged as one of the most lucrative profit spinners in the local financial services sector following spectacular bottom li.. read more