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Annualised this and pro-forma that, one day a buy now, pay later outfit or another fintech will define its point of difference with crisp and even audited financial data on the latest showy takeover... read more

In a bracing update Firstmac said gross home loan arrears of more than 30 days have soared. Mortgages now represent 74 per cent of total deferrals and amount to 9 per cent of system credit. read more

An overhaul of the board of directors of ME Bank is in the works, as restless shareholders seek to reform the governance of the bank. read more

Application volumes for mortgages, credit cards, mobile phone contracts, personal loans and other consumer credit have fallen heavily this year. read more

April saw the second-largest one-month rise in the level of household deposits on record, portraying a mass market on edge and saving like blazes, at least during the second month of the pandemic. read more

These are delicate times for Qudos Bank - formerly the Qantas Staff Credit Union, given “the majority of deposits”  –  and surely the majority of loans  –  “are from employees and former employees of.. read more

How big or small are the Delphi Bank and Rural Bank brands in the world of Bendigo and Adelaide Bank? A Federal Court ruling that held a range of small business loan contracts from Delphi and Rural we.. read more

Mortgage arrears are falling but business arrears are rising at Bendigo and Adelaide Bank, with the bank the latest to raise a pandemic-related provision. read more

Police Bank has closed mainland branches and confirmed the redundancy and redeployment of dozens of staff. read more

“Solvency pressures are mounting as credit risks come to the fore,” the APRA chief said in a speech last night. read more