All banks. All asset classes 07 May 2020 6:30AM A smart move by artisans of the craft, the soon to be in place forbearance SPV structure the ASF has put together for the industry shows the best of banking. read more
The SFSF forever 07 May 2020 6:30AM EPIC might as well be the name for the Special Purpose Vehicle banks are stringing together for the Structured Finance Support Fund. read more
Police Bank slash at costs 06 May 2020 6:40PM Many staff at Police Bank HQ in Sydney and some in Tasmania have been laid off or soon will be. How many, we are unsure. read more
More savings sense than certainty 06 May 2020 6:30PM The savings ethic is solid and household finances tending to be better than most are aware. At least, that’s the way Heritage Bank sees things. read more
Banks loosen up on credit 04 May 2020 6:30PM Banks are winding up lending and helping many who ask for a break from all loan commitments, or maybe the ABA is doing the numbers better than before. read more
Consumer banking contracts at ANZ 01 May 2020 6:30AM ANZ, by choice or through lack of focus, is shrinking in key consumer banking product markets, especially on the asset side of the balance sheet. read more
Stash rush tests Xinja 01 May 2020 6:20AM Early adopters of Xinja Bank’s Stash account have continued to trust the bank, and make the most of the high yield still on offer for those customers that beat the “pause” imposed on new account openi.. read more
SME lending a mixed bag for NAB 28 April 2020 5:05PM NAB has owned up to a slender level of support so far for businesses seeking funding under the SME guarantee scheme. read more
Lakeba circle MCU 27 April 2020 6:30AM For the second time, the board of Maleny Credit Union will seek the demutualisation and sale of its business to a fintech seeking to crash their way into the banking industry. read more
Banks fall hard into crisis of denial 24 April 2020 4:14PM The muted, even trivial, supply of urgently needed business finance from banks - especially for SMEs - has turned into a flash point between the industry and the Australian government. read more