Jane Hume carries financial chalice

Two junior ministers will share responsibility for financial services in Scott Morrison's new government. Michael Sukkar returns as assistant treasurer and also minister for housing, while Jane Hume w.. read more

Operational risks elevated at ANZ

ANZ in New Zealand has been rebuked by the Reserve Bank, with the RBNZ on Friday announcing that it "revoked ANZ Bank New Zealand Limited's accreditation to model its own operational risk capital requ.. read more

Patience pays for neobank schemers

Firstmac and 86400 are counting on a speedy, post-election green light for their entry into the banking industry, with fully-fledged banking licences anticipated. read more

'We can fix ANZ in 2023'

Cost-focused or cost-scared or plain technology terrified, ANZ's off its game on many fronts, its half year profit briefing suggests. read more

CUA sets up CEO rounders

Rob Goudswaard, CEO of Credit Union Australia, pulled a bit of a surprise yesterday, outlining plans to leave in February 2020.Might the fourth-largest mutual ADI supply his successor (a long rumoured.. read more

Zip winds up asset-backed lending

Transaction volumes fell eight per cent over the last quarter for Zip Co Ltd, small beer at a fintech lender bagging decent growth in credit and other key metrics. The slow burn preparing its Master.. read more

Carney competes for fintech spotlight

There is "a growing pipeline of firms" - make that fintechs - clamouring for access on level terms with banks to the central bank's most vital, and real-time, payments processing. At least in England.. read more