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A shift in strategy - and even a decline in the balance sheet  - may be on the agenda as the highly regarded Westpac Institutional Bank chief Rob Whitfield walks out the door at Westpac. read more

Anticipated reforms to bank capital methodology will be of material benefit to regional banks, an analysis by Standard & Poor's suggests. read more

Oake Securities, a newly established specialist fund, aims to raise A$250 million over seven years to invest in second mortgages. read more

The debt collection sector remains an irritant in the eyes of financial regulators. read more

At least one Australian bank is planning for the demise of two venerable payments systems once the New Payments Platform is up and running. read more

A court has ordered Westpac to pay a A$70,000 bonus and costs to a retrenched insurance sales manager working in the BT Financial division. read more

The planned initial public offering of QBE Group's lenders mortgage insurance arm may be abandoned, with details seeping out on the loss of business from one of its major customers, Westpac. read more

Lenders counting on a surge in demand for household credit to underpin their growth plans may be disappointed, if projections by a senior official of the Reserve Bank of Australia have any validity. read more

Banks are loosening covenants and showing a pre-GFC disposition to select corporate credit risk, Fitch Ratings said last night. read more

Internal strains at the Finance Sector Union arising from the boilover victory of challenger Fiona Jordan in last year's election for national secretary are spilling into the public domain through a.. read more