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The conversion rate of home loan applications to settlements has seen a decline, indicating that serviceability challenges are, or were, taking a toll on prospective homebuyers seeking finance. read more

Macquarie Bank repeatedly failed to take timely action to address suspicious orders being placed on the electricity futures market. read more

Reserve Bank governor Michele Bullock has reiterated her support for the raft of changes recommended in last year’s review of the RBA, including the establishment of a governance board separate from.. read more

Commonwealth Bank will cut 116 jobs nationally, the Finance Sector Union disclosed yesterday. read more

Build America Mutual is resurrecting bond insurance in the Australia and New Zealand debt capital markets, seeking to build on the foundations of its founders’ previous entity, FSA. read more

Wise are one of the fastest growing banks in Australia, with more than one million active users. read more

Growing at twice system, P&N Bank has costs under control and, for now, will be putting its failed effort to merge with Beyond Bank behind it. read more

The RBA and Treasury will prioritise research and experimentation on wholesale variants of any future digital central bank currency and defer deeper analysis of the case for any retail CBDC for years. read more

Without trust as a foundation, the tower of business comes toppling down. read more

Was former Westpac and RAMS executive Jake Bromwich just too toxic as the future CEO of a merged P&N Bank and Beyond Bank? read more