ACCC win one over Mastercard ahead of trial

The Federal Court has ruled in favour of the ACCC in proceedings against Mastercard, over the relevance of Reserve Bank of Australia payments data to a marathon civil trial scheduled for next year. read more

Resimac profit halves

The net profit for Resimac fell to $34.8 million over the year to June 2024 from $66.5 million in FY2023. read more

IMB committed to buybacks

With its ordinary shares no longer recognised by APRA towards capital, IMB’s board says it “remains committed to ... share buybacks.” read more

Treasury define scope of small banks review

The Council of Financial Regulators in consultation with the ACCC will conduct a review of the small and medium-sized banking sector. The Treasury yesterday released terms and scope for this review. read more