Clients’ indirect exposures to Digital Currency Exchanges thus may be the chief risk for Cuscal to manage. Cuscal is believed ...

The average cost to income ratio increased by 336 basis points across Australia’s four major banks in FY2024, to 49.2 per ...

Data shared in the investor presentation shows that, for mortgage finance, the bank’s proprietary channel sourced 46.8 per ...

Retiring directors of Illawarra Credit Union and Community First Credit Union will be paid a combined $980,000 in benefits.

Under the agreement, Australian Unity will transition its banking operations to Bank Australia in late 2025. This will include the transfer of all banking customers and their loans, credit cards and ...

ACI is co-opting fintechs in their tens of thousands. “Fintechs tend to be our customers” Warsop said. “They often will serve the smalert fintechs. We tend to focus on the larger ones. We go for the ...

It’s the conundrum facing every investor in Macquarie Group and every follower of Macquarie Bank. Is Macquarie Bank set for superstardom? Or will Macquarie’s material advance in the Australian banking ...

Additional metrics cited by Wisr: 90+ day arrears were reduced to 1.40 per cent (compared to 1.58 per cent in Q4 FY24), while net losses were down to 2.06 per cent (previous quarter: 2.75 per cent).

Tellingly, arrears hot spots have cropped up in inner cities and not just growth areas on the fringe. Moody’s ranked ‘Melbourne – Inner’ as recording arrears rates of 5.5 per cent. Will a surcharge ...

On element of traditional banking which still has a strong emotional resonance with customers – including SMEs – is access to physical cash, research by Publicis Sapient has found. Half of SMEs (49%) ...

The letter U is now pretty much the sole preserve of National Australia Bank, at least in the realm of trade marks relating to financial services. NAB has prevailed in a trade mark dispute with New U ...