ABA bows to call to name and shame

The Australian Banking Association has accepted the recommendation of a review of the Banking Code Compliance Committee that the committee should name banks in its code compliance reports. read more

Lenders finesse their mortgage pricing

Adelaide Bank, AMP Bank, Aussie and Community First Credit Union cut variable home loan rates over the past week, in a sign that as the interest rate tightening cycle continues lenders are taking more.. read more

FSU pushes BOQ on wage deal

While Bank of Queensland’s senior management was meeting with investors yesterday to discuss the bank’s 2021/22 results, its union members were meeting to discuss the bank’s latest pay offer. read more

Gold not the crisis hedge it used to be

The price of gold has fallen for six consecutive months, after hitting a peak in March - raising questions about its status as a safe haven investment and a hedge against inflation. read more

Banks free to opt in for telco data sharing

The government’s plan to enlist banks to help protect consumers from the impact of fraudulent activity in the telecommunications industry, following the recent Optus breach, will operate on an opt-in.. read more