Defence marches to own tune 20 October 2021 5:53AM 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
Volt charges for neobank relevance 15 October 2021 6:08AM 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
Gender divides and divides finance 13 October 2021 6:25AM 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
G&C hit the high notes 12 October 2021 7:24AM G&C Bank, one of the faster growing banks in the country, is maintaining momentum over the first quarter of the year, with annualised mortgage growth over the September quarter of close to 22 per.. read more
Us and them rule Tasmanian banking 08 October 2021 7:05AM Bank of us is right where it wants to be, growing at 10 per cent, hitting an ROA of 0.5 per cent in FY2021 and sitting on a near record full year profit of A$6.1 million. read more
ANZ on BNPL quest 08 October 2021 6:51AM ANZ will be underway on the buy now, pay later bandwagon, some time in the first half of next year. read more
APRA claws at lax lending with taster of macro-prudential 07 October 2021 6:13AM The foggy price leadership from within the industry gives way to decree by the prudential regulator, inviting questions around whose interests are being served. read more
‘Deliberate’ Macquarie clarify mortgage growth mashup 05 October 2021 7:22AM Macquarie responds to Banking Day, saying its mortgage book growth has been "driven by a deliberate, strategic focus on lower risk lending". read more
Deferral data flag-bearer for macroprudential 01 October 2021 7:15AM The two-months’ worth of much anticipated industry data on loan deferrals produced by APRA late yesterday can only add to the belief there will be an early shift to macroprudential controls on bank le.. read more
RBA upends monetary mechanics 29 September 2021 5:19AM ‘Open market operations’ such as reverse repos will now be conducted weekly – on Wednesdays – with banks by the Reserve Bank of Australia. The new system kicks in next week, on 6 October. read more