148

Commonwealth Bank chief executive Matt Comyn says he wants to get the bank's cost-to-income down but admits that in the current environment it's no easy task. read more

Bendigo and Adelaide Bank has lost another case in its pursuit of outstanding loans taken out by investors in the failed agribusiness scheme operators Great Southern Plantations. read more

Silver Chef has issued a scheme booklet ahead of shareholder meetings called to approve the takeover of the embattled finance company by a consortium of investors led by private equity firm Next Capit.. read more

The Australian Office of Financial Management will not require a minimum track record before investing Australian Business Securitisation Fund assets in an SME lender's warehouse. Nor has it specified.. read more

Big names in retail bided their time and Zip Co has momentum in pay later land. read more

After two months of term deposit rate adjustments, the average rates for key terms - three, six, nine and 12 months, and three and five years - are now in a narrow band between 1.79 per cent and 1.91.. read more

Investment in Australian fintech businesses is down sharply so far this year, in line with a subdued global trend. read more

ASIC has found there are still serious shortcomings in the way big financial institutions manage compliance in their personal financial advice businesses. These failings include inadequate audit proce.. read more

Australians are open to the idea of their banks providing services that help them manage their finances, according to a new consumer survey. read more

Despite ongoing concerns about high household debt levels, the latest personal insolvency statistics suggest that Australians are doing a better job of managing their finances. read more