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Preceding the first Australian recession in more than 30 years and pre-empting the chaotic upheaval in bad debts, stress, arrears and loan write offs ahead, the industry profit season of late 2022 wil.. read more

After eight years, Wayne Byres will stand down as head of the Australian Prudential regulation authority at the end of October. read more

The Australian Office of Financial Management is on the hunt for a new chief executive. read more

Moody's Investors Service yesterday upgraded Qudos Mutual Limited's long-term issuer rating by one notch to Baa1 from Baa2, “based on the bank's strong performance to date and its reduced exposure to.. read more

Zip is now in full reverse in every market it operates in, bar its Australian core – and even in the domestic market its funders will be wary, given the slump in credit quality. read more

Carolyn Wilkins, a former senior deputy governor of the Bank of Canada will lead the review of the Reserve Bank of Australia, the terms of which were announced yesterday by the treasurer, Jim Chalmers.. read more

Buying Suncorp Bank is an expensive and aggravating antidote to ANZ’s seemingly systemic underperformance, at least in the mortgage market. read more

The accelerating demise of residential home builders, especially over recent weeks, may soon be compounded by a decline in credit availability to the sector. read more

Zip has to be perilously, incredibly close to a breach of its covenants with NAB, and thus receivership looms. read more

The finance sector in Australia “will see a decline in confidence soon”, in tandem with retail, housing and construction, Anneke Thompson, chief economist at CreditorWatch told an industry webinar yes.. read more