Bank not liable for medical costs in payments dispute 19 July 2024 6:44AM AFCA had found that Commonwealth Bank has no liability to compensate a customer who contended medical costs incurred overseas were the result of the bank mishandling payment instructions. read more
APRA secrecy provisions upheld 19 July 2024 6:43AM The Australian Information Commissioner has upheld the draconian secrecy provisions in the APRA Act. This is a shame, since they stink. read more
Credit quality dogs Zip turnaround 17 July 2024 7:55PM Receivables are in decline and bad debts and arrears are climbing at Zip. read more
Bendigo exits Homesafe 17 July 2024 7:50PM After years of testing the market, Bendigo and Adelaide Bank has finally found a buyer for its Homesafe division. read more
ANZ odd bank out on fee harm 15 July 2024 10:17PM Four of the six largest banks have refunded or will refund more than $28 million to low income customers following a collaborative ASIC review. read more
Armaguard restructures 15 July 2024 10:14PM Linfox Armaguard is undergoing an overhaul, establishing two ‘operational boards’. read more
Mutual bank rocks satisfaction 12 July 2024 6:31AM Teachers Mutual Bank is the benchmark in Australian banking, with a member satisfaction rating of 95 per cent. read more
States take up the cudgels on eConveyancing 12 July 2024 6:28AM Two state governments are stepping forward to make eConveyancing interoperability a commercial reality. read more
SMEs revel at inflation 11 July 2024 6:30AM Learning to live with inflation and prospering from it, this is now the only game in town. read more
Resimac CEO quits suddenly 10 July 2024 6:45AM Non-bank lender Resimac is on the hunt for a new permanent chief executive, following the resignation of Scott McWilliam as CEO after 21 years of service. read more