Credit unions to subsidise regulation of major banks 06 June 2019 3:33PM The Customer Owned Banking Association last night called on federal Treasurer Josh Frydenberg to snuff out controversial moves by his department to hike regulatory levies on credit unions and mutual b.. read more
Punch-drunk ANZ throws a bone to depositors 06 June 2019 3:32PM As the public backlash intensified yesterday against ANZ's controversial mortgage repricing, the bank last night promised to give something back to part of its customer base. read more
Many to follow ANZ and Westpac on rates 05 June 2019 3:56PM There has been no ANZ style bollocking for ING over a 17 basis points cut to its home loan rate. Twenty-five is the norm and bad banks know it.It's just that some lenders can't cope with this, think c.. read more
Dividend boost stokes Auswide rally 05 June 2019 3:49PM Auswide Bank is stoking interest from yield-hungry investors after signalling yesterday that shareholders are in line to receive a fatter final dividend when the company announces its full year profit.. read more
Westpac thwarts PayID hack attack 04 June 2019 4:18PM Westpac has reassured customers that it successfully thwarted attempts by hackers last week to access private information of account holders using the PayID online payments service. read more
ING courts backlash with early rate move 30 May 2019 3:59PM ING last night confirmed that it will cut variable rates for new owner-occupiers, but appears to be backing away from extending relief to existing borrowers and new investors. read more
Revolut eyes Melbourne talent and customers' interest 30 May 2019 3:58PM Revolut is seeking a chief executive, CFO, head of credit and 11 more senior executive roles. read more
ANZ reaches base on NPP 29 May 2019 3:44PM ANZ appears to have cleared its biggest hurdle for bringing real time payments to its customer base after completing a rollout of PayID services to mobile banking users. read more
A downslide of Suncorp's own making 28 May 2019 3:37PM Sliding returns to investors and a collapse in board support for Suncorp's flawed digital strategy were not the only factors that yesterday cost Michael Cameron his job at the helm of Brisbane's large.. read more
RBNZ invokes 'effective' track record to counter reformers 23 May 2019 3:44PM A review of lending restrictions introduced six years ago by the Reserve Bank of New Zealand has found they have been effective in constraining excessive growth in property prices and household debt. read more