Costs, margins hammer Bendigo 18 February 2025 4:19AM 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
NIM hits Westpac profit hit in first quarter 18 February 2025 4:16AM The net profit of Westpac fell nine per cent to $1.7 billion over the December 2024 quarter, with net interest margin falling a massive 20 basis points over the quarter. read more
AMP stake more on banking 17 February 2025 12:22AM 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 13 February 2025 6:39AM Repeated outages at PEXA and questions over the accuracy of its performance reporting have drawn the attention of ARNECC. read more
NAB join moratorium on regional branch closures 12 February 2025 2:01AM Major banks have agreed to extend their moratorium on branch closures in regional areas for two and a half years, until mid-2027. read more
Macquarie finds its mojo once more 12 February 2025 2:00AM Following a lull, Macquarie once more have their foot on the accelerator. read more
AMP makes its foray in business banking 11 February 2025 5:23AM AMP has finally unveiled its new business banking proposition, and the strategy underpinning its bank earnings from here. read more
Mortgage Choice fizzes for REA 07 February 2025 6:25AM Discharges have frozen the financial services book of REA Group. read more
BNPL fees capped at $320 06 February 2025 6:24AM 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
New Westpac business chief hired from CBA 05 February 2025 6:08AM Paul Fowler, a senior executive at Commonwealth Bank, has been appointed by Westpac as the bank’s Chief Executive, Business & Wealth. read more