Fintech Coposit embraced by CBA 23 May 2024 6:33AM Commonwealth Bank of Australia’s Business Bank has agreed to accept pre-sale contracts (up to 10 per cent) secured through property tech platform, Coposit, in residential development projects funded b.. read more
Mortgage belt recession 22 May 2024 6:17AM Business conditions will feel recessionary to most businesses that rely on consumer spending, particularly those businesses located in ‘mortgage belt’ areas of our capital cities. read more
Zip gets new US CEO 22 May 2024 6:15AM Joseph Heck has been appointed as Zip’s new US CEO and will commence in the role in July 2024. read more
Overcommitment chief cause of hardship 21 May 2024 6:39AM Lenders may need to review their credit policies after an ASIC study of handling hardship cases found that overcommitment was the leading cause of hardship. read more
Four day week may be on Westpac horizon 21 May 2024 6:37AM In a first for industry bargaining, the Finance Sector Union has included a four day work week in its log of claims for a new enterprise agreement at Westpac. read more
Up and awry at Bendigo Bank 20 May 2024 6:31AM ubank and NAB have outflanked Up and Bendigo. read more
RBA ready to abandon 65 Martin Place 20 May 2024 6:28AM A new, purpose built headquarters doesn’t feature in current RBA planning to permanently move on from its heritage headquarters in Sydney. More’s the pity, because then the likes of Parramatta and Pe.. read more
SMEs recoil at tax debts collections acceleration 15 May 2024 6:51AM More than half of all small and medium businesses want relief from ATO collection activities, which they won’t be getting. The Australian Taxation Office in last night’s budget received a ton of new f.. read more
Ex HSBC COO joins Westpac board 15 May 2024 6:46AM Andy Maguire, an experienced banking technologist, will join the board of Westpac around the middle of the year. read more
President Chalmers throws it all at Treasury 15 May 2024 6:43AM Always in a position to see that it is suitably funded, Treasury is bulking itself up in this budget. read more