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The takeover by Experian Australia Credit Services of rival illion has received a green light from the ACCC. read more

Trading conditions for many businesses are declining and likely to worsen while consumer sentiment and retail trade are so flat, CreditorWatch concludes in its latest Business Risk Index. read more

“Further regulatory intervention” in the arena of debit payments is on the cards, and probably certain, with the Reserve Bank venting more frustration over the roll out of least-cost routing. read more

Commonwealth Baank is burning around $350 million a year in providing cash services across its branch network and ATM fleet. read more

Asset quality indicators all soured at Commonwealth Bank over its June 2024 full year. And will continue to do so. read more

Customer onboarding and know-your-customer practices may be greatly simplified for banks if an ambitious effort by the Australian government to overhaul digital identity protocols comes to pass. read more

Relieved to be rid of it, financial services group Challenger has minimised insight into the final phase of its ownership its troubled bank in the firm’s June 2024 full year results. read more

AFCA has found in favour of National Australia Bank following allegations by a customer that a teller had stolen $7250. read more

The mortgage business of REA Group lifted its game over the year to June 2024, though REA and Mortgage Choice are far away from getting anywhere near to the aspiration of being “Australia’s number one.. read more

Some major banks have spent in excess of $100 million each in order to participate in the Consumer Data Right, the long-awaited review from Heidi Richards into CDR compliance costs has found. And the.. read more