FirstMac sows bank seeds 11 October 2016 5:20PM FirstMac is taking another crack at breaking into banking's ranks with a dinkum licence, with the Australian government considering the latest attempt by non-bank lender FirstMac to secure approval,.. read more
Broker-sourced loans most 'disturbing': UBS 10 October 2016 5:08PM UBS turns up hard data on "liar loans" via survey findings that are rough on mortgage brokers and banks. read more
Comment: Sunshine shut out at bank inquiry 07 October 2016 4:59PM Although it seemed more a PR festival for opportunistic bank CEOs than an "inquiry", critics of the industry drew selective insight from this week's hearings in Canberra. read more
Westpac's ATM cost is 20 cents per transaction 07 October 2016 4:58PM Westpac CEO Brian Hartzer provided flashes of colour, more than data, for the parliamentary inquiry. read more
BOQ faxes the future 07 October 2016 4:57PM A determined repricing of loans and deposit products to deter customers from switching or refinancing has hit the bottom line of Bank of Queensland and forced the bank to put the brakes on rapid loan.. read more
Comrades proves red hot for Unity mutuals 07 October 2016 4:55PM Maritime, Mining & Power Credit Union will hoist its mutual bank flag under the Unity Bank brand. read more
IT frustration endures at NAB 06 October 2016 5:01PM A severe outage has NAB's customers and managers in a bind. On social media the bank admits double trouble: "We are working to process payments - hopefully your payment is received on time", paired wi.. read more
ANZ to review credit card rates and fees 06 October 2016 4:57PM ANZ chief executive Shayne Elliott conceded that the bank's return on equity from credit cards was "well above" the group ROE and said there was scope to overhaul the way it ran its credit card busine.. read more
'Significant' conduct compo ahead for CBA 05 October 2016 5:10PM The compensation bill for misconduct at CBA will blow out, Ian Narev told MPs. Take it as "a sign of progress", he pleaded. read more
Narev takes CBA on mission impossible 05 October 2016 5:08PM High levels of customer satisfaction are one of the key measures of success at CBA according to Ian Narev, a statement which did not play well to a committee of sceptical Federal politicians. read more