CML wraps up a classic 06 November 2019 5:18PM Business finance company CML Group has completed the acquisition rival lender Classic Funding Group. read more
Westpac results at a glance 05 November 2019 5:19PM Westpac reported a net profit of A$6.8 billion for the 12 months to September - 16 per cent down on the 2017/18 result. read more
Slow turnaround for Hartzer's mortgage business 05 November 2019 5:17PM Westpac chief executive Brian Hartzer has forecast that the bank will not return to system growth in the Australian mortgage market, where it lagged badly in 2018/19, until the second half of the curr.. read more
Deposits keep flowing for Macquarie 04 November 2019 4:45PM Falling interest rates did not do much to slow the inflow into Macquarie Group's deposit products during the September half. read more
Investors still the weak link in the mortgage market 04 November 2019 4:43PM Despite all the talk of a recovery in the housing market, the latest APRA mortgage lending data shows ANZ, NAB and Westpac all continue to experience reductions in the size of their mortgage books. read more
AFCA's bumper year 01 November 2019 4:52PM More than 40 per cent of complaints were about credit in a bumper first year of operation for AFCA. read more
ANZ remediation: it ain't over 'til it's over 01 November 2019 4:51PM ANZ chief executive Shayne Elliott was unable to say when the bank's remediation program would come to an end, to the frustration of analysts who thought the bank had previously given assurances. read more
ANZ results at a glance 01 November 2019 4:50PM ANZ reported a net profit of A$5.9 billion for the 12 months to September - 7 per cent down on the 2017/18 results. On a cash basis, earnings rose 6 per cent to $6.2 billion. read more
ANZ's home lending recovery will be a challenge 01 November 2019 4:46PM For a bank going through a major simplification program that involves relying more on core business, a slump in consumer lending numbers is a disaster. read more
RACQ hire Suncorp Bank chief 31 October 2019 5:17PM Suncorp chief executive Steve Johnston, who has been in the job since September, has started making changes in his executive ranks. The head of the banking and wealth division is leaving and the group.. read more