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The net profit of Great Southern Bank has dived, to $37.3 million over the year to June 2024, from $44.5 million in FY2023. read more

Jon Waldron, formerly the General Manager of Infrastructure Engineering at Commonwealth Bank of Australia has been sentenced to six years and eight months in prison. read more

The Reserve Bank of New Zealand may be catching the reform bug, and has produced new analysis of the declining dominance of the four major Australian-owned banks in New Zealand, at least in business.. read more

More people than usual are seeking support from community organisations, often for the first time, including dual-income households and mortgagors. read more

Mobile wallets’ share of payments will soon be 50 per cent and growing even faster. read more

The conversion rate of home loan applications to settlements has seen a decline, indicating that serviceability challenges are, or were, taking a toll on prospective homebuyers seeking finance. read more

Macquarie Bank repeatedly failed to take timely action to address suspicious orders being placed on the electricity futures market. read more

Reserve Bank governor Michele Bullock has reiterated her support for the raft of changes recommended in last year’s review of the RBA, including the establishment of a governance board separate from.. read more

Commonwealth Bank will cut 116 jobs nationally, the Finance Sector Union disclosed yesterday. read more

Build America Mutual is resurrecting bond insurance in the Australia and New Zealand debt capital markets, seeking to build on the foundations of its founders’ previous entity, FSA. read more