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The Australian Competition and Consumer Commission has appointed Scott Gregson as its acting chief operating officer, following the retirement of COO Rayne de Gruchy. read more

Tyro Payments and nine customer-owned financial institutions are the latest to announce their participation in the government's Coronavirus SME Loan Guarantee Scheme. read more

MyState Bank reported that the share of overall customer transactions made using ATMs for cash withdrawal fell 29 per cent in April, compared with the previous month. read more

Pioneer Credit and private equity firm The Carlyle Group have terminated their proposed scheme of arrangement, which would have seen Carlyle acquire the debt buyer. Carlyle has demanded repayment of A.. read more

COVID-19 is having a negative impact on the income of one-third of Australians, according to a new survey. And close to half believe the pandemic will have a long-term negative impact on their househo.. read more

NAB will take a A$1.14 billion hit to its March 2020 half net profit, following its decision to book charges related to customer remediation, a change to its software capitalisation policy and impairm.. read more

The Australian Financial Complaints Authority has had its powers tested in two recent court cases, with the ombudsman winning both bouts. read more

In his memoir published today, Malcolm Turnbull says the Hayne royal commission was good politics (for the then Opposition Leader Bill Shorten) but bad policy. read more

Significantly higher impairment charges will be a feature of the upcoming interim reporting season for three of the big banks and will continue to rise next financial year, according to a leading anal.. read more

The Australian Financial Complaints Authority has bolstered its ranks with the appointment of two new lead ombudsmen. read more