Aussie money ‘already digital’ 18 September 2020 6:58AM There does not seem to be a strong public policy case for any eAUD, CBDC or overhyped digital money, the RBA concludes. read more
Healthy challenges for CUA 15 September 2020 6:28AM 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 15 September 2020 6:25AM 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
Resimac mixes it up on credit 15 September 2020 6:24AM ASX-listed Resimac is waiving the $330 fee – the only upfront fee – charged for a valuation. read more
Suncorp to cut jobs 14 September 2020 5:31AM 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 04 September 2020 5:58AM 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 04 September 2020 5:54AM 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
The Australian real-time slowdown 03 September 2020 6:18AM The RBA's Real-time Gross Settlement Statistics and snap view of NPP volumes for August are awful. read more
$200bn TFF extended to June 2021 02 September 2020 6:33AM 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 01 September 2020 6:20AM 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