The new mix NAB: big spending, no growth 07 February 2017 4:42PM Lending growth is missing at NAB, and huge growth in costs is bound to drive more staff out the door and focus owner scrutiny toward the bank management. read more
More branches bolted at Westpac 07 February 2017 4:41PM Pointless and uneconomic Westpac bank branches are shutting week after week. read more
ATMs now a dividend producer at Stargroup 07 February 2017 4:39PM The niche payments roll-up play of Stargroup is on plan, with the group strutting its credentials as a low-cost operator. read more
Apple smothers digital wallets 06 February 2017 5:23PM Apple Pay looks a massive flop in Australia, the same as Android Pay. Theorise all you like on the rise and demise of digital wallets, there's scant data to contradict it. Crumbs from CUA and ANZ are.. read more
Wallet brawl heads for March climax 06 February 2017 5:21PM It's showtime in Australian banking's tribute to a WWE slapdown. Apple, the US IT upstart takes on the financial establishment. Banks are cocky. The ACCC will raise the winner's arm around mid-March. read more
Wary households control borrowing habits 06 February 2017 5:20PM Australian householders are pretty sober about, and generally managing, their household debts, a periodic study for ME has found. But job security and income security fears remain key risks. read more
'Unconscionable' banks stuck with faux commission for years 06 February 2017 5:15PM A Royal Commission style inquiry into Australia's banks will bubble along for a while yet, the Australian Small Business and Family Enterprise Ombudsman not yet done with even its first tranche of inv.. read more
Dodd-Frank corrective no Trump reform, for now 06 February 2017 5:14PM Slipshod reporting on one executive act of US President Donald Trump at the end of last week may lead some to believe that this new and activist administration has taken material steps to wind back or.. read more
Super compo doubles for NAB 03 February 2017 4:56PM The cost to National Australia Bank for a "remediation program" for corporate superannuation customers in relation to "plan service fees" will be double the level spelled out by NAB late last year. NA.. read more
CBA pays up for Bankwest offset confusion 03 February 2017 4:54PM Commonwealth Bank said it refunded A$4.9 million to around 10,800 customers after mistakes by its Bankwest division resulted in the customers being overcharged interest. read more