Suncorp ‘could do better’

With a messy mix of rising cost ratios and a declining market share, Suncorp Bank is showing “the early signs of improvement”, or so group CEO Steve Johnston says. read more

RACQ CEO drives south

RACQ Bank has lost its CEO, Michelle Bagnall, who is headed for Victoria as the new CEO of Bank First. read more

Calamity Jim McEwans banking rot

Ten million new businesses must be ushered into view to replace the 2 million blown off course so far by the coronavirus but NAB is barely in sight as a contender to serve this market. read more

CommBank calm amid the credit stress

The loan loss rate doubled at CBA over FY2020 – to 33 basis points from 16 bps in 2019 – but to a level still less than half the loss ratio of 73 bps in FY2009 in the washup of the GFC. read more

Working capital worries finance

The finance sector is hit almost as hard by the pandemic as the rest of the economy, with firms drawing out payment terms and cutting payroll. read more