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Global mortgage insurer Arch Capital has reported a A$23.5 million net profit from the LMI assets acquired from Westpac last year. read more

The Finance Sector Union says Bankwest staff will consider proposed industrial action after the company rejected their amended pay claim under a new three-year enterprise agreement. read more

Prudent margin management and tight cost control returned Arab Bank’s local subsidiary to profit in 2021. read more

Uncertainty surrounds the revenue outlook for Queensland-based payments solutions provider Indue Ltd after opposition leader Anthony Albanese confirmed that Labor would terminate the Morrison Governme.. read more

Two of the country’s most respected independent economists yesterday renewed their critiques of first homebuyer support programs after the major political parties each signalled plans to widen eligibi.. read more

S&P Global yesterday issued an upbeat commentary on the comparative credit outlook for Australian banks, indicating that some were more likely candidates for ratings upgrades than other financial.. read more

The ASX-listed scrip of struggling alternative payments provider, EML Payments, rallied on Wednesday after the company confirmed a media report that it had been approached to sell the business. read more

The industry debate between banks and small business groups over merchant fees is set to escalate after the Australian Banking Association accused independent research firm - CMSPI - of “inflating” th.. read more

Australia’s peak small business body has called on the major political parties to develop timeframes for getting the big four banks to roll out comprehensive least cost routing services to local retai.. read more

An apparent fall in some operating costs and increased customer transaction activity drove PayPal’s Australian subsidiary to a record bottom line profit last year. read more