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Lacking up to date data and much conviction beyond yielding to the strategic priorities of the industry, Friday’s final report of the Regional Banking Taskforce is a tepid read. read more

In the (unlikely) event of a minority or Labor/Green coalition government following the November Victorian state election, the big four banks may need to budget for a state-based levy on liabilities... read more

The Federal Court has ruled in favour of Commonwealth Bank and dismissed claims made by ASIC over “conflicted remuneration”. read more

Geoff Seccombe, chief executive of The Mutual Bank, in Maitland, yesterday announced he will be retiring.   read more

ANZ has yet to lodge its merger authorisation application with the ACCC for its planned purchase of Suncorp Bank. read more

The Reserve Bank of Australia is unlikely to pay any dividend to the government “for a number of years”, as the bank faces the costs of its pandemic era bond purchase program. read more

The Reserve Bank of Australia will resort to a bond purchase program “only in extreme circumstances”. read more

Many SMEs will not survive the bleak economic outlook. read more

The ACCC, and the market, are waiting and wondering when ANZ will finalise its merger authorisation application for the takeover of Suncorp Bank – announced eight weeks ago. read more

Australian Mutual Bank and Community First Credit Union have signed a memorandum of understanding to explore a merger of the two organisations. read more