Costs, margins hammer Bendigo

A failure to preview its earnings slump, especially its margin contraction, cost shareholders in Bendigo and Adelaide Bank dearly yesterday, with its shares diving 15 per cent, after falling as much a.. read more

AMP stake more on banking

Another tough year for AMP Bank, including a shrinking balance sheet, highlights the importance to AMP that its recent plunge into business banking will pay off for the bank. read more

PEXA in a pickle

Repeated outages at PEXA and questions over the accuracy of its performance reporting have drawn the attention of ARNECC. read more

BNPL fees capped at $320

A buy now, pay later credit provider will unable to charge a consumer more than $320 a year in the first year in fees. read more