Novatti plans banking division funding round

Payments processing company Novatti Group says it is working on the next funding round for its banking division, as it continues discussions with APRA over its application for a banking licence. read more

Macquarie earnings outlook softens

Macquarie Group is on track to produce slightly lower earnings in the current financial year, the company reported yesterday. It also announced a reshuffle of its business structure, involving several.. read more

Liquidity slip traps Rabo, HSBC and Macquarie

APRA has told Macquarie Bank, Rabobank Australia and HSBC Bank Australia to tighten their intra-group funding arrangements, after finding their reporting in this area has been in breach of the prudent.. read more

Anti-big bank sentiment abating

The strong negative impact of the Hayne royal commission on bank customer satisfaction appears to be abating. Business banking customers are learning to forgive. read more

Consumer Data Right bill revived

Treasurer Josh Frydenberg says the government is getting its consumer data right reform back on track, with the reintroduction of legislation during the current sitting of Parliament, which runs over.. read more