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An overhaul of a 22-year old co-operative liquidity support arrangement for credit unions and mutual banks is ready for a bold recruitment campaign by CUFSS Ltd to rejuvenate the scheme. read more

The board of Auswide Bank have been forthcoming on the tempo of the bank’s engagement with consolidation discussions around the smaller fry in the sector.. read more

Least cost routing is getting a leg up but the least cost welfare maximising routine is getting left behind in Australia, viat the Reserve Bank’s Review of Retail Payments Regulation. read more

A Regional Banking Taskforce has been established by the Morrison Government “to assess the impact of bank branch closures on regional communities."  read more

The Reserve Bank of Australia recorded an 'accounting loss' of A$4.3 billion, its first in years, as unrealised valuation losses exceeded the sum of other components of profit, the RBA’s 2021 annual r.. read more

The Reserve Bank has updated its appraisal of buy now, pay later in the Australian economy, an an assessment that continues to dampen the hype. read more

Interest in mutual capital interests in beginning to take off, with ADIs planning to update their constitutions at annual general meetings. read more

Defence Bank reported what it called “its best result yet” for FY2021, a net profit of A$13.9 million, a rise of 38 per cent. read more

A sedate ramp up of its balance sheet and a pacier roll out of services to ambitious fintech partners with a belief in white-labelling banking product are factors shaping Volt Bank’s viability in Aust.. read more

There is “still much to do until we reach a place of gender parity in our industry” is the realistic but bitter summary of FINSIA’s latest edition of its Gender Divide Survey. read more