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A buy now, pay later credit provider will unable to charge a consumer more than $320 a year in the first year in fees. read more

Paul Fowler, a senior executive at Commonwealth Bank, has been appointed by Westpac as the bank’s Chief Executive, Business & Wealth. read more

People First Bank will be the first large mutual bank to undertake large scale branch closures, and is unlikely to be the last. read more

The evolution of Credit Corp from a debt collection company into a consumer lender continues. read more

Banks’ fee income from households increased by 10 per cent over the year to June 2024, mainly reflecting fee income from credit cards and personal loans, the Reserve Bank said in its annual analysis.. read more

Bank of Queensland’s mortgage book and overall credit exposures remain in decline, the bank’s latest pillar 3 reporting shows. read more

David Marshall has been appointed as the next CEO of Beyond Bank. read more

Two convictions for corruption. Two prison terms for senior bankers, one of them a CEO. read more

Alarm bells are going off at the Payments System Board: the time for yabbering about decommissioning BECS is over, and the time to figure everything out, and study all the costs and comprehend all th.. read more

Lyndon Kingston, the former CEO of Bananacoast Community Credit Union, has been sentenced to 18 months in prison. read more