Payroll auxiliary bloated and bashful 02 June 2024 9:30PM In a marker of trends bound to be reflected more widely across the financial services industry, payrolls and employment numbers in what the ABS labels ‘Auxiliary finance and insurance services’ are –.. read more
NZ banks defer regional branch closures 02 June 2024 9:26PM A trial of regional banking hubs in New Zealand has flopped, and so instead NZ’s five largest banks will extend their commitment not to close regional branches for the next three years. read more
Revamping history, ANZ style 31 May 2024 3:56PM The much enlarged and reconsidered ANZ Bank museum in Collins Street in Melbourne is worth a bit of time. read more
Stress volcanic at next rate rise 31 May 2024 6:12AM A whopping 78 per cent of mortgaged households polled by Redbridge Consulting say they will experience either “a great deal of stress” or “some stress” in the event the RBA were to hike the cash rate.. read more
Mortgage broker share hits 74% 31 May 2024 6:07AM Mortgage & Finance Association of Australia’s latest data shows that between January and March 2024, 74.1 per cent of all new home loans were written by mortgage brokers. read more
Illigit to debank s*x workers 31 May 2024 6:03AM A Melbourne s*x worker has resolved a discrimination case against two Australian financial service providers that will protect others in the sex work industry from falling victim to “debanking”, plain.. read more
Quest rocks NSW payments 30 May 2024 3:03AM In a vindication of one of the most patient disruption plays in domestic payments, Quest Payments has won a whole of government contract to supply payments devices and related support services across.. read more
Bank adviser Peter Kell heads AFCA consumer panel 30 May 2024 2:47AM Peter Kell will assume the role of independent chair of the Australian Financial Complaints Authority’s consumer advisory panel, one of 50 such panel members. And did you know: AFCA has 65 Ombudsmen... read more
ABA, ACCC widen CIT stakeholder negotiations 29 May 2024 5:39AM The range of stakeholders that will be invited into sensitive industry discussions around cash-in-transit will finally include “other businesses and organisations that distribute cash”, meaning Armagu.. read more
Fitch upgrades major banks to AA- 28 May 2024 6:22AM Falling into line with the credit assessments of it rivals, Fitch Ratings yesterday upgraded the long-term credit ratings of Australia’s four major banks to AA- from A+. read more