Trap attempt by NAB client fails 11 October 2022 4:58AM A comic scheme by an aggravated client of National Australia Bank to trick a key bank witness into a video “confession” backfired, with his latest in a long line of legal proceedings dismissed. read more
Credit cards forge a comeback 10 October 2022 6:14AM American Express had a bump in credit card volume in August. read more
Majors mind margins, shed deposit share 04 October 2022 5:40AM Macquarie Bank, MyState Bank and Judo Bank are winners in the deposit market, as margin-minded big banks concede market share. read more
Banks asked to rev up Bank@Post, publish branch closure impact statements 03 October 2022 6:10AM Lacking up to date data and much conviction beyond yielding to the strategic priorities of the industry, Friday’s final report of the Regional Banking Taskforce is a tepid read. read more
Greens scheme Victorian bank levy 03 October 2022 6:08AM In the (unlikely) event of a minority or Labor/Green coalition government following the November Victorian state election, the big four banks may need to budget for a state-based levy on liabilities... read more
ASIC fails in CBA conflicted remuneration case 30 September 2022 4:46AM The Federal Court has ruled in favour of Commonwealth Bank and dismissed claims made by ASIC over “conflicted remuneration”. read more
The Mutual a local hero 30 September 2022 4:44AM Geoff Seccombe, chief executive of The Mutual Bank, in Maitland, yesterday announced he will be retiring. read more
Suncorp ACCC wait on ANZ 26 September 2022 4:59AM ANZ has yet to lodge its merger authorisation application with the ACCC for its planned purchase of Suncorp Bank. read more
No dividends from RBA 23 September 2022 5:59AM The Reserve Bank of Australia is unlikely to pay any dividend to the government “for a number of years”, as the bank faces the costs of its pandemic era bond purchase program. read more
RBA reflects on extreme bond purchase program 21 September 2022 5:38AM The Reserve Bank of Australia will resort to a bond purchase program “only in extreme circumstances”. read more