Banks and RBA end TFF liquidity mission in style 05 July 2021 6:11AM The Reserve Bank of Australia’s balance sheet has effectively doubled in size over the short life of the Term Funding Facility. read more
Banks back away from provisions hack 28 June 2021 6:18AM A fragmented and reactionary response by banks to the Covid wildfire in greater Sydney is preparing the industry to reverse the reversal of provisioning that was the highlight of the most recent profi.. read more
CBA red-faced over pay deal 25 June 2021 6:15AM Blunders by CommBank - damned by the Fair Work Commission as misleading, even deceitful - will push up the cost of the pay rises agreed for most of the bank’s staff. read more
CBA capital and systems shaken 24 June 2021 5:59AM A third severe systems outage for Commonwealth Bank – and the second in a week – will be animating doubts over not just the robustness of core banking systems but the depth in the business case for an.. read more
Blurry scheme tests payments merger 11 June 2021 6:56AM A series of sharp questions from the ACCC for the proponents of the amalgamation of BPAY, eftpos and the New Payments Platform sheds light on the discussions that will see this new force in payments p.. read more
MyState modernises debt funding 11 June 2021 6:53AM MyState is diversifying its funding profile, with a debut placement of senior-unsecured floating rate notes. read more
Heine lands as RAB chief 08 June 2021 5:55AM David Heine will be new chief executive of Regional Australia Bank, a choice that emphasises the distinctive strategy for the mutual bank. read more
ACCC trips payments merger 07 June 2021 6:06AM The planned amalgamation of BPAY, eftpos and the New Payments Platform has fallen foul of the ACCC, with questions over future investment roadmaps and contestability. read more
Argall seeks the heights at G&C Bank 04 June 2021 5:10AM A succession plan years in the making, Rosanna Argall has been appointed as CEO of G&C Mutual Bank, an under-rated fintech and champion of digital experience. read more
Payments deflate real-time recovery story 03 June 2021 6:50AM Gross payments volumes across the economy in April and May (and all year, really) portray a sobering version of the rebound celebrated in the quarterly national accounts. read more