Margins tax bumper CBA profit 10 February 2022 6:35AM Margin pressure will persist for Commonwealth Bank for a few more months at least and maybe longer, the bank said yesterday. read more
ANZ censors trading update 08 February 2022 5:45AM In an intriguing move, ANZ omitted any mention of its quarterly profit in a trading update for the December 2021 quarter yesterday. read more
Westpac expects lower margins 04 February 2022 6:28AM Westpac said it expected net interest margins to decline further through FY22. read more
NAB bins credit union cheques 31 January 2022 5:04AM National Australia Bank and in turn credit unions and mutual banks are doing their bit to hasten the death warrant for the cheque. NAB will cease to honour many (but not all) credit union cheques in f.. read more
Zip’s problem arrears 27 January 2022 6:46AM A mighty surge in bad debts is upon the Australian buy now pay later sector. read more
Inflation builds over summer 24 January 2022 6:43AM The rising terms for a subscription to Banking Day in 2022 and beyond is only one domain of inflation. In construction, logistics and transport generally inflation is not merely common but rampant. Th.. read more
BNK for sale 24 January 2022 5:42AM The sale and even the liquidation of BNK Banking Corp has to be a theme of the year. read more
Under-performer Westpac cops ‘first strike’ 16 December 2021 6:18AM “The real priority over the next couple of years is to perform,” an embattled Westpac chair, John McFarlane, said yesterday. read more
Wasted SME Loan Scheme gets 6 months extension 14 December 2021 6:16AM A scheme originally billed as $30 billion worth of support for pandemic affected businesses has advanced less than one third of this amount. read more