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Chickenfeed is the ASIC penalty imposed on Goldman Sachs Australia for its handling of a A$853 million block trade in November 2015. read more

Top management at Commonwealth Bank will cop pay cuts in the order of A$60 million, a sanction from the board as part of the bank's response to APRA's recent prudential review of the bank. read more

A clutch of online small business lenders have released a Code of Lending Practice, to parallel the code used by banks. read more

Gympie Credit Union will fold into Warwick Credit Union, ending the independence of one of the smallest mutual ADIs. read more

Joust, a fintech with IP that cannot be patented, a heavy burn rate and backing from a former bank CEO is on the hunt for A$2 million in capital via crowdfunding. read more

Credit quality in farming and agribusiness is crook, with default rates and impairment ratios materially higher than sector-wide averages. read more

The oddball morality play that is the royal commission into banking misconduct produced its most populist act yet in Brisbane yesterday, confronting ANZ's Benjamin Steinberg with one the fundamental q.. read more

After months of holding out against an 'out of cycle' lift in variable rate mortgages, an industry-wide round of rate hikes looks imminent as funding costs push steadily higher. read more

ASIC has collected around $250 million across the largest five firms in the industry by way of compensation for customers, "with likely more to come", ASIC told a parliamentary hearing on Friday. read more

Philip Lowe, governor of the Reserve Bank of Australia, has an additional job as chair of the Committee on the Global Financial System, the Bank for International Settlements announced last night. read more