Dupe calls time on mutual banking career 15 February 2021 4:59AM Regional Australia Bank is on the hunt for a new CEO for the Armidale-based champion of the mutual banking sector. read more
Second vote likely on CBA pay dispute 15 February 2021 4:56AM The simmering dispute between Commonwealth Bank and the Finance Sector Union over the terms of a bank-wide pay rise may be put to a second, and digital, vote. The bank and the union are getting closer.. read more
Comment: No more golden buzzers from APRA 05 February 2021 6:23AM The prudential regulator will be shunning fintech auditions at the ‘APRA’s Got Talent’ theatre. How many more neobank or RADI or other licence wannabes will receive a green-light from Australia’s bank.. read more
Westpac caned over super rollover 04 February 2021 4:44AM Westpac lost hands down yesterday in the High Court, when the Court confirmed that Westpac Bank subsidiaries, Westpac Securities Administration Limited and BT Funds Management Limited breached financi.. read more
Mutuals see value in 86 400 01 February 2021 5:51AM 86 400, the best bank in Australia is being sold to NAB. How does this even happen? read more
T-Notes negative, cash follows 01 February 2021 5:47AM Why wouldn’t the cash rate be zero or negative in Australia? read more
Industry chills for the summer 18 December 2020 7:07AM Banking Day will return on Monday, 1 February 2021. read more
Xinja forgo their banking dreams 17 December 2020 6:20AM In the end, the exit of Xinja Bank from the industry will be handled in good order, with all banking services terminated and all depositor funds returned by 15 January 2021. read more
Opinion: Xinja threw their chance away 17 December 2020 6:18AM Radioactive from the day they launched a wildly overpriced high yield account, the board of Xinja Bank were sinking their own boat. read more
Solvency sniffs for banking boilover 16 December 2020 6:02AM The liquidity phase of the crisis “is giving way to a solvency phase,” and the RBA is now touting the truth that was always there at the outset of the Covid recession. read more