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Deutsche's new banking analyst Matthew Wilson has slashed the broking house's  earnings forecasts for the four major banks, arguing that senior executives are ill-equipped to meet challenges from.. read more

Rapidly depreciating property prices in Australia's two largest cities have sparked concerns that consumer confidence could take a big hit in 2019 as debt-laden households and property investors are f.. read more

Major banks are facing another backlash from lawmakers in Canberra as business groups call on the Morrison Government to help accelerate the rollout of least-cost routing for Australian merchants. read more

ANZ is about to break new ground among Australian major banks, with a move to impose restrictions on customers using credit cards to pay for gambling services. read more

Pressure is mounting on the Reserve Bank to tighten regulatory oversight of the four major banks amid further delays on the roll out of the New Payments Platform and least-cost routing for contactless.. read more

Thousands of NAB shareholders have copped a double hit to their investment portfolios this month as their market exposures to the embattled bank and a listed ghost from its past have been crunched on.. read more

Reserve Bank governor Philip Lowe last night warned that legal penalties for banking misconduct would need to be stiffened as a prerequisite for restoring public trust in the industry. read more

Heavy investment in the Osko instant payments platform and two other business startups pushed BPAY Group to a small loss last year. read more

Lenders are ramping up discounts and freebies in the face of new evidence that prospective home borrowers are delaying purchases as the property market correction accelerates. read more

Alipay has sealed its first deal with a major local institution after National Australia Bank agreed to link its network of 150,000 Eftpos terminals to the Chinese payments platform. read more