Arrears step up at Westpac

Mortgage delinquencies are on the rise and approaching the recent Covid peak of late 2021, Westpac’s full year results show. read more

Tribunal schedules ANZ and Suncorp appeal

The Australian Competition Tribunal will begin a nine-day hearing on Monday, 4 December on the applications by ANZ and Suncorp for a review of the ACCC’s recent decision to refuse authorisation for th.. read more

Comyn cashes in CBA shares

Matt Comyn, CEO of Commonwealth Bank last week sold a parcel of shares in the bank with a market value of $1 million.  read more

G&C Mutual sets the standard

Continuing this year’s theme of exceptional profits among leaders in the mutual banking sector, G&C Mutual Bank annual report released on Friday showed a return on equity of 8.3 per cent. read more

Clarification: RBA governor remuneration

On Friday, Banking Day reported (correctly) that the RBA’s 2023 annual report disclosed a 10.5 per cent rise in the remuneration for then-governor Philip Lowe. There is nuance behind this number, howe.. read more