Armaguard zero in on cash bailout 18 March 2024 8:29AM Armaguard are on the cusp of an epic win over their alarmed clients in the banking industry via a material support package. The ABA looks likely to wrap up negotiations by the end of this week. read more
Electric credit burns bright 18 March 2024 8:27AM An ambitious program of federally funded and widely accessible loans to foster a near universal take-up of rooftop solar and associated investments is the centrepiece of the pre-budget submission to t.. read more
Debenture decision all backwards 15 March 2024 5:13AM In a decision that seems unlikely to stand, the Federal Court has found that Finder Wallet Pty Ltd’s crypto product Finder Earn is not a debenture. read more
Lindsay Fox a kingpin of banking 14 March 2024 3:16AM The banking industry have been played for fools, disoriented into yielding to the clever, costly plans of Lindsay Fox and Linfox Armaguard. read more
Armaguard convinces banks on price support 14 March 2024 3:13AM Why not pay more if you want to? This is the both sensible and silly retort of banks at the very moment they are being outfoxed from every angle. Paying more turns out to cost more than $100 million... read more
APRA lets NAB off the leash 14 March 2024 2:58AM APRA has removed the $500 million capital add-on it imposed on NAB in response to issues identified in the bank’s risk governance self-assessment. read more
Great Southern debuts business app, unsecured loans 12 March 2024 5:09AM Investing in its business and, as usual, allowing costs to get away from it, Great Southern Bank has reported a lower profit over the half year to December 2023. read more
People First 'a national bank' 11 March 2024 3:38AM “There’s no reason we can’t be Australia’s first member-owned bank to have a million members,” People First Bank believes. read more
Bankwest shuts 45 branches 07 March 2024 5:57AM Commonwealth Bank will shut 45 Bankwest branches in Western Australia by the end of the year and convert 15 more to the main CBA brand. read more
Moody's downgrades Bendigo and BOQ, upgrades two banks 07 March 2024 5:54AM The application of Moody’s revised Advanced Loss Given Failure analysis to certain Australian banks yesterday has led to a shake-up of credit ratings for four banks, including two downgrades for regio.. read more