Healthy challenges for CUA

Might mergers into health insurance be on the horizon forCredit Union Australia? Or the sell-off CUA Health and quadrupling-down on basic banking and friendly advice. read more

The inflation return in Australia

There will soon be a reckoning with the dynamics hauling against inflation and the CPI Index. Components of the index are now at 100 per cent plus. read more

Suncorp to cut jobs

Suncorp announced 19 branch closures early last week and has now sketched out a restructure that will lead to the loss of up to 550 jobs. read more

RAB feels the wellness in Douugh

Soon to launch in Australia, financial wellness fintech Douugh, will list, or relist on the ASX, via the shell of ZipTel. Regional Australia Bank, breaking strategic ground, remains in the game as ban.. read more

Wisr steers into car finance

Will Wisr make the grade as a ‘disruptive new entrant’ in vehicle finance? They had better watch out. Plenty in the target market for $60k loans (young lawyers and their ilk) are struggling with the r.. read more

$200bn TFF extended to June 2021

Deposit rates are headed for zero, but in the interests of mitigating bank funding risk, the RBA will increase the size of the Term Funding Facility and make the facility available for longer. read more

Clean cash back and front at RBA

The diminished demand for cash – via exaggerated concerns over the Covid-risks from handling grimy banknotes and coins – is real but overstated. And from this week the Reserve Bank pledges to “work to.. read more