MOVE resets demutualisation option 14 October 2020 6:26AM Railways Credit Union trading as MOVE Bank may be signalling interest in demutualisation, or at least being open to offers. read more
BCU merger eats P&N profit 14 October 2020 6:24AM Merger costs eroded much of the profit of P&N Bank following the merger with Bananacoast Credit Union. read more
Xinja jumps to the left 09 October 2020 6:34AM A brazen, stay-in-business deposit pricing decision from Xinja Bank will shock competitors as much as their customers. read more
Newcastle Permanent capitalises on pandemic 08 October 2020 5:48AM The level of mortgages deferred “is reducing month on month” at Newcastle Permanent Building Society. read more
SRI Model displaces PAIRS and SOARS 07 October 2020 5:52AM There may be “a change in the intensity of supervision that APRA applies for some entities” the prudential regulator said yesterday. read more
MCU too hard for Ezifin 02 October 2020 6:00AM A second fintech has been thwarted at its attempt to engineer access to an ADI licence via a takeover of Maleny Credit Union. A merger with another mutual ADI is the likely fall-back for one of Austra.. read more
A fiddle or bank levy fuss on Tuesday 30 September 2020 6:14AM A hike in the rate of the once controversial Major Bank Levy and/or a broadening of the liabilities covered by the levy may be on the cards in Tuesday night's budget. read more
Feckless lending primes subversive home-buyer class action 29 September 2020 6:00AM A compensation claim of $40 billion on behalf of around 300,000 class action members; that’s the ambit of an audacious (but still not ready) class action on behalf of first-home buyers. The Commonweal.. read more
Big tech credit overshadows fintech 29 September 2020 5:56AM Returns to investors in fintech credit have declined, a global BIS study finds. read more
‘All options open’ for monetary policy 23 September 2020 6:24AM The Reserve Bank is open to “lowering the current structure of rates in the economy a little more, without going into negative territory”. read more