People’s Choice dashes for growth 22 September 2021 6:55AM People’s Choice is stepping up its growth aspirations, as the Adelaide-based mutual ADI sorts through terms for a merger with the faster-growing Queensland-based Heritage Bank. read more
Heritage harvests deposits and hope 17 September 2021 6:20AM A nip at the provision line accounts for pretty much all the profit for deposit-heavy Heritage Bank over the year to June 2021. read more
CMC mop up ANZ Share Investing follies 17 September 2021 6:18AM The $251 million write-down on eTrade in its first half 2021 result was the prelude to the final act of ANZ's shambolic exit from a fintech folly. read more
McEwan debunks de-banking cheek 10 September 2021 7:40AM NO! NO! NO! Ross McEwan, the NAB CEO, was in no mood for crypto-nonsense at a hearing with the House Economics Committee yesterday. read more
ACCC buys 3-way’s promises Plus 10 September 2021 7:38AM In a broadly applauded reversal of its views, the ACCC has authorised the merger of BPAY Group, Eftpos Payments Australia and NPP Australia, relying on commitments given by the parties in a court enfo.. read more
NIM and digital prop Great Southern reset 09 September 2021 6:47AM In a year of atypically low asset growth, a hefty investment spend and a monumental social crisis, Great Southern Bank has produced one of the bigger leaps in profit so far this season. read more
Banks baffled by the payroll bloat 08 September 2021 6:34AM The cost story in the quarterly APRA analysis of the industry is dire, the staffing side of things anyway. read more
IFM, APRA, banks float in carbon cackle 07 September 2021 6:09AM IFM Investors is targeting zero coal exposure by 2030, and APRA is ordering banks to take a long hard look at their mortgage funding to credibly respond to climate change. read more
Auswide taking Liberty with many 06 September 2021 6:35AM Up 13 per cent year to date and looking undervalued still, Auswide Bank from Queensland is one of many niche players in Australian financial services with a bit of an ADI consolidation story behind it.. read more
Teachers feel roll-up Pulse 03 September 2021 6:02AM The proposed merger of Pulse Credit Union and Teachers Mutual Bank highlights the pressure growing commercial and technological challenges are placing on the banking small fry. read more