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In a bombshell decision that's dismayed the Australian fintech sector, APRA yesterday declared that it will "temporarily suspend the issuance of new APRA licences." read more

Bank dividends will be a rare bird this profit season, drawing ire from the banking regulator, and may be paid - at a "materially reduced level" - only if banks offset them with capital raisings, APRA.. read more

Neobank 86 400 have banked $34 million in new capital, while deposit growth is flying. read more

Danny Pavisic, formerly the deputy, has been promoted to CEO of Unity Bank. read more

Judo Bank will receive $500 million in funding from the AOFM, drawing on two different funds established to support business lending. read more

Abundant deposit inflows to Commonwealth Bank and to a lesser extent other major banks are a sign of a dash for safety by households and business, though maybe not to the detriment of smaller banks. read more

Low on capital and low on credibility, APRA and ASIC and the RBA might finally sort out Xinja, a bank so recklessly doing a job on themselves. read more

Banks might share branches to cope with staff shortages.And the ACCC may have given the green light for banks to sharpen terms with Australia Post.Another outcome might be agreement on shared servicin.. read more

The AOFM send a message to the market, buying one tranche of RMBS bonds well inside secondary market pricing. read more

In what amounts to a change of control, Xinja Bank have lured Dubai-based World Investments to commit A$433 million in capital. read more