Credit union CEO sentenced to prison 12 December 2024 5:18AM Latest news Ian Rogers Lyndon Kingston, the former CEO of Bananacoast Community Credit Union, has been sentenced to 18 months in prison. read more
Former credit union CEO convicted 15 November 2024 8:08AM Latest news Ian Rogers Former director and CEO of Bananacoast Community Credit Union, Lyndon Kingston, has been found guilty of dishonest conduct. read more
Teachers Mutual dumps Hiver, considers branch closures 28 October 2024 6:38AM Latest news Ian Rogers With cost-cutting front of mind, Teachers Mutual Bank will withdraw its Hiver brand from the market, and even look at closing branches. read more
MyState and Auswide terms ‘reasonable’ 24 October 2024 7:02AM Latest news Ian Rogers MyState’s offer for Auswide Bank are reasonable, corporate advisory firm Kroll has concluded. read more
BOQ rests on unstable foundations 17 October 2024 7:45AM Latest news Ian Rogers Retail banking profits at Bank of Queensland crashed over the year to August 2024, down to $88 million in cash earnings from $203 million in FY2023. read more
Interchange, surcharging in strife as RBA payments review revs up 16 October 2024 5:58AM Latest news Ian Rogers The federal government expects banks and payments providers to voluntarily end surcharging on debit payments by the end of 2025. read more
Pandemic-era TFF a 'success': RBA Review 10 October 2024 6:28AM Latest news Ian Rogers The Reserve Bank’s Term Funding Facility - a bedrock of industry funding from March 2020 to June 2024 – has been branded “effective” by the RBA in its Review of the facility. read more
BOQ sprung for irresponsible lending 04 October 2024 6:27AM Latest news Ian Rogers AFCA has found in favour of a Bank of Queensland borrower in a protracted dispute centred on the bank’s responsible lending obligations. read more
Great Southern profit falls 01 October 2024 6:36AM Latest news Ian Rogers The net profit of Great Southern Bank has dived, to $37.3 million over the year to June 2024, from $44.5 million in FY2023. read more
Household borrowing demand and arrears surge 27 September 2024 1:15AM Latest news Ian Rogers More people than usual are seeking support from community organisations, often for the first time, including dual-income households and mortgagors. read more
P&N doubles system 20 September 2024 6:10AM Latest news Ian Rogers Growing at twice system, P&N Bank has costs under control and, for now, will be putting its failed effort to merge with Beyond Bank behind it. read more
Beyond red-faced in merger breakdown 17 September 2024 6:20AM Latest news Ian Rogers Was former Westpac and RAMS executive Jake Bromwich just too toxic as the future CEO of a merged P&N Bank and Beyond Bank? read more
Fennell adjusts Bendigo executive team 04 September 2024 8:10AM Latest news Ian Rogers Taso Corolis has been appointed chief customer officer, consumer banking at Bendigo and Adelaide Bank. read more
IMB committed to buybacks 29 August 2024 6:47AM Latest news Ian Rogers With its ordinary shares no longer recognised by APRA towards capital, IMB’s board says it “remains committed to ... share buybacks.” read more
Up and margin rebound for Bendigo 27 August 2024 7:21AM Latest news Ian Rogers Bendigo and Adelaide Bank’s Up brand has regained its mojo. read more
BOQ pivots to business banking, dumps franchised branches 23 August 2024 12:41AM Latest news Ian Rogers Bank of Queensland will take control of owner-manager branches and turn them into corporate branches. And then close many of them. read more
MyState, Auswide do the decent thing in dire times 20 August 2024 6:23AM Latest news Ian Rogers The union of MyState and Auswide is high conviction, high value and highly likely to work out for the best. read more
MyState and Auswide forge merger 19 August 2024 1:14AM Latest news Ian Rogers MyState Limited and Auswide Bank have reached agreement on a merger, the AFR’s Street Talk column reports. read more
People First in a mortgage jam 05 August 2024 11:37PM Latest news Ian Rogers Service standards and turnaround times on home loan applications have blown out, badly, at People First Bank, at least for applications lodged via mortgage brokers. read more
Banks trade wallet share, SME customers 11 July 2024 6:35AM Latest news Bernard Kellerman Westpac has reversed long term customer churn among larger sized businesses. read more