ANZ settles class actions for 99m 08 October 2024 6:38AM ANZ has agreed to settle a pair of class actions, one concerning one that plaintiffs termed predatory lending. read more
Westpac settles 3-year pay deal 08 October 2024 6:35AM Westpac employee earning less than $102,000 will receive a 5% upfront pay increase in the first year of a new three-year pay deal. read more
Resimac buy dregs of Westpac car finance 04 October 2024 6:44AM Seven years after it set out to do so, Westpac is getting close to finally finishing offloading its vehicle finance receivables. read more
BOQ sprung for irresponsible lending 04 October 2024 6:27AM AFCA has found in favour of a Bank of Queensland borrower in a protracted dispute centred on the bank’s responsible lending obligations. read more
CBA in management twist 03 October 2024 6:12AM Offshore hires into the top ranks of Commonwealth Bank have a history of not working out too well. In Emma Bunnell and Kiersten Robinson, the next COO and HR chief, maybe this time will be different. read more
Shared equity supports Bank of us 02 October 2024 6:52AM Lending under Tasmania’s MyHome shared equity scheme underpinned lending growth for Bank of us over the year to June 2024. read more
International Bank of Australia walks away 02 October 2024 6:45AM No surprises. Another neobank bites the dust, this time, International Bank of Australia. read more
Great Southern profit falls 01 October 2024 6:36AM The net profit of Great Southern Bank has dived, to $37.3 million over the year to June 2024, from $44.5 million in FY2023. read more
Second top CBA IT executive sentenced for bribery 30 September 2024 6:10AM Jon Waldron, formerly the General Manager of Infrastructure Engineering at Commonwealth Bank of Australia has been sentenced to six years and eight months in prison. read more
Australian banks ‘less dominant’ in NZ 27 September 2024 1:48AM The Reserve Bank of New Zealand may be catching the reform bug, and has produced new analysis of the declining dominance of the four major Australian-owned banks in New Zealand, at least in business.. read more