COG moves into wealth 20 November 2023 5:38AM Days after abandoning a bid for compliance and technical services company Diverger, COG Financial Services has bought a strategic stake in Centrepoint Alliance. read more
Growing debate about who pays for scam losses 17 November 2023 5:29AM Dealing with complaints over scams is a growing area of activity for the Australian Financial Complaints Authority, occasionally putting the ombudsman at loggerheads with financial institutions. read more
APRA to tighten liquidity standards 16 November 2023 5:50AM Smaller ADIs face earnings and capital impacts under proposed changes to APRA’s liquidity rules. read more
Tiimely rebrand 15 November 2023 5:54AM Lender and lending platform technology company Tic:Toc has changed its name to Tiimely, having tired of being confused with a social media platform. read more
Savings accounts start paying real returns 14 November 2023 5:50AM The latest round of increases to savings rates, coming at a time when inflation is falling, means there is a growing number of deposit takers offering accounts that pay a real rate of return. read more
Suncorp stays out of overheated lending markets 13 November 2023 4:56AM Suncorp Bank’s mortgages and business lending portfolios both ran off in the September quarter, and its household deposit growth was below system. read more
NAB results at a glance 10 November 2023 5:58AM NAB reported net profit of A$7.4 billion for the 12 months to September – an increase of 7.6 per cent over the previous corresponding period. read more
ANZ sued over climate risk management 10 November 2023 5:55AM An ANZ shareholder has filed a claim alleging the bank has failed to properly manage climate change and biodiversity-loss risks, and seeking an order that the bank provide more information about its r.. read more
Consolidation in the debt collection market 09 November 2023 5:48AM Debt collector and debt recovery technology provider Credit Clear is expanding its presence the insurance claims recoveries market, with the acquisition of Debt Recoveries Australia. read more
Climate targets included in Westpac CEO pay 09 November 2023 5:25AM Westpac chief executive Peter King and some of his group executive team now have climate related measures included in their remuneration packages. read more