NPP on target for 2017

The New Payments Platform for Australia is now three months into the build phase, and "still on schedule for the second half of 2017," Paul Lahiff, independent chair of the NPP Steering Committee.. read more

Churn no burn for Newcastle

A busy program of investment in customer facing systems will remain a priority for Newcastle Permanent Building Society, Australia's second largest mutual. read more

Kleenmaid fraudster jailed

In the Brisbane District Court on Friday, one perpetrator of a A$13 million fraud on Westpac was sentenced to seven years in prison. The court had earlier convicted former Kleenmaid director Gary Arms.. read more

Conservative ANZ make an inside pick

ANZ's chief financial officer Shayne Elliott will step up as chief executive of the bank from the beginning of January 2016. He replaces Mike Smith, who spent more than eight years at the helm. read more

Comment: Fixer picked for ANZ

ANZ's chair, David Gonski started out yesterday's investor briefing on the selection of Shayne Elliott as CEO by saying the board "wanted someone who knew ANZ well." read more

Many see curtains for banking

The flood of challengers in banking services pitches to a target market rich on cynicism and "disinterested in banks," according to a report from Claro Partners and Anthemis Group. read more