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Reserve Bank staff campaigning for a better pay offer from the bank will underline the pay benchmark set from the top – with governor Philip Lowe paid 11 per cent more in FY2023. As expected, the RBA.. read more

Unity Bank’s exposures to a handful of property developers will be concentrating the minds of management and the board of the mutual bank. read more

A hapless effort to transition to a new core banking system has resulted in Northern Inland Credit Union plunging deep into the red. read more

A higher margin and a healthy lift in new lending produced a 33 per cent rise in net profit for BankVic over the year to June 2023. read more

A goodwill impairment, remedial and restructuring costs have smashed the full year profit of Bank of Queensland. read more

Following ongoing volume growth of the NPP and the addition of new services such as PayTo, Australian Payments Plus is proposing significant changes to the NPP’s wholesale pricing arrangements. read more

Regional Australia Bank has set a new benchmark for the mutual banking sector. read more

Bank Australia wants to make clear in its constitution that its purpose should include wider societal and environmental benefits, as well as benefits to its members. read more

Growing well above system, The Mutual Bank in Maitland grew its expense line even faster over the year to June 2023. read more

AWA Alliance Bank, a Geelong-based former credit union, is seeking to disassociate from the Alliance Bank network of Bendigo and Adelaide Bank, and amalgamate with Beyond Bank. read more