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The excessive tenure of directors on the boards of mutual ADIs has drawn APRA’s ire, in a sharp speech by deputy chair John Lonsdale to a COBA forum yesterday. read more

A change in control of mortgage aggregator Connective is in the works following a damning judgment of the Supreme Court of Victoria.   read more

The government has released a consultation paper that outlines proposed approaches to licensing crypto asset secondary service providers (CASSPrs) and crypto custody requirements.  read more

In an organisation famous for its succession planning, there must be jockeying going on for the vacancy in the post of deputy governor of the Reserve Bank of Australia. read more

A Cuscal confab of industry CEOs underway at Green Island Resort this morning has the sector muttering, amid new questions being raised over the longevity of its principal rival, Australian Settlement.. read more

Heritage Bank and People’s Choice Credit Union are dragging out their mooted merger, with a member vote slated for October. read more

ANZ has promoted Maile Carnegie to head a stand-alone retail banking division. read more

Liberty Financial is carving a new business in dealer finance as well as funding car loans for consumers. read more

A sub-scale credit union “faces significant challenges in dealing with much stronger competitors.” read more

Judo Bank is counting on a broad-based recovery to optimise what CEO Joseph Healy dubbed “a significant growth opportunity” for the neobank. read more