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Without trust as a foundation, the tower of business comes toppling down. read more

Was former Westpac and RAMS executive Jake Bromwich just too toxic as the future CEO of a merged P&N Bank and Beyond Bank? read more

Westpac’s profit will fall in FY2024, slump in 2025 and plateau in 2026, a harsh report on the bank by analysts Matthew Wilson and Christian Mazza from Jefferies concludes. read more

Commonwealth Bank is targeting a mortgage book of $3 trillion. read more

THE ACCC HAS GRANTED authorisation to allow the Australian Banking Association, its member banks, Australia Post, retailers, supermarkets and other industry participants to collaborate so they can ens.. read more

S&P overestimates house prices by 22%. read more

C ommonwealth Bank will be the biggest loser when interchange is completely eliminated from the Australian payments system.   Good.  read more

Additional Tier 1 capital, once the hot new thing, is to be eliminated from the capital structure of banks in Australia. read more

There were 33,290 full-time equivalent employees on the Westpac payroll at the end of Brian Hartzer’s tenure as CEO of Westpac. And 35,350 FTEs now. read more

The monthly payments data from the RBA showed a very large drop in personal account numbers in July.  read more