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Australian Payments Plus has finalised its executive team, with three external hires and new roles for senior people from NPP Australia, eftpos and BPay. read more

Macquarie Group’s banking and financial services division has had another year of very high growth in its home loan book, while maintaining modest risk settings in the portfolio. read more

Two of Australia’s biggest mortgage lenders have played down the risks to home loan borrowers as interest rates start to rise, saying their mortgage portfolios are well positioned for higher rates and.. read more

Australian banks returned to the wholesale funding market in the March quarter, with a big bond issuance program, just as funding costs were taking off. read more

Lenders have not bothered trying to finesse their home loan interest rate increases, with all those that increased rates last week hiking by the full 25 basis points. read more

NAB reported a net profit of A$3.55 billion for the six months to March – and increase of 10.7 per cent over the previous corresponding period. read more

ANZ reported net profit of A$3.5 billion for the six months to March – an increase of 20 per cent over the previous corresponding period.  read more

Borrowers refinanced A$16.4 billion of housing loans with another lender in March, an increase of 4.6 per cent over the previous month, while the value of new housing loan commitments grew at a much s.. read more

Austrac’s enforcement action against National Australia Bank for shortcomings in its anti-money laundering and counter-terrorism financing program comes as no surprise. read more

Commonwealth Bank is not meeting the requirement for service availability under Consumer Data Right rules. read more