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Access to ATMs has recovered in the September quarter as most parts of Australia come out of COVID lockdown. read more

NAB chief executive Ross McEwan is keen to revive two parts of the business that he feels have been neglected – NAB Private and UBank. read more

NAB reported net profit of A$2.5 billion for the year to September – a fall of 46.7 per cent compared with the previous corresponding period. read more

The big banks have moved to protect their margins on their established book of mortgages by cutting fixed rates but leaving variable rates untouched. read more

The most promising use cases for open banking are income and expense verification, onboarding automation and account verification, according to a new survey. read more

Several small lenders responded immediately to yesterday’s Reserve Bank monetary policy decision with changes to mortgages rates, including three lenders that cut their rates by more than 15 basis poi.. read more

Credit card issuers are fighting to regain some traction with consumers, offering extended zero rate balance transfer periods, increased bonus points and cashback deals. read more

Buy now pay later provider Laybuy has joined Zip Co in giving its customers a facility to use their BNPL accounts while making contactless payments on merchant terminals, claiming a significant enhanc.. read more

The Takeovers Panel has intervened in a battle for control of finance company Thorn Group, ordering that the company’s major shareholder, investment manager Somers Ltd, cannot exercise any voting righ.. read more

Westpac’s mortgage business has been hit by the combined impact of serious problems with application processing and a deterioration in the credit quality of the portfolio. The bank is working on a sys.. read more