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The Mayfair 101 Group, have been hammered in a Federal Court ruling that is delayed justice for ASIC and the many gullible, poorly-advised citizens that invested in debentures under false pretences. read more

The Arch Capital disruption of Australia’s lenders mortgage insurance sector continues, with Westpac deciding to sell its captive LMI to Arch. read more

The topsy turvy bank that is Westpac has decided - for the third time in 20 years - that there is strategic clarity in combining the consumer and business banking divisions. read more

Credit write-offs were three times as high in 2020 at $12.4 billion over 2019 – and if the GFC is any guide, the bad debt charge for banks in 2021 will be the same again, only worse. read more

Zeller, a flashy payments fintech, will soon punch into Australian financial services. read more

Red apple peel or a Woolworths discard? eftpos, thinking big, are retooling branding amd imagery and a chance to stans clear of the 3-wau payments scheme merger going nowhere. read more

Thank feminism and feminists and free education. But thanks for nothing you blokey, old-guard bank brass. It's time to ask of the top 100 – or 1000 – executives at your bank, how many have deep experi.. read more

Commonwealth Bank will force a ballot of all employees over a proposed (and long delayed) Enterprise Agreement that the Finance Sector Union labels a “con-job”. read more

Growth in lending to small business continues to be negative, if the uptake by banks of the Reserve Bank’s Term Funding Facility is any guide. read more

Claims on mortgage insurance over CY2020, at $618 million, was near double the level in 2019, with worse to come. No wonder the LMI monolines last year together reported an underwriting loss for the f.. read more