News

Judo Bank says it is considering loan sales as a balance sheet management tool. At this stage loan sales are on the table, ...
Geelong Bank, one of the sector’s tiniest ADIs, has signed a Memorandum of Understanding to explore a merger with Hume Bank, one that is bound to go ahead. Hume Bank, based in Albury, has $2.25 ...
The banking industry “has failed to embrace A2A in retail” the Independent Payments Forum contends, seeking more investment ...
Foreign exchange company OFX suffered a ‘first strike’ on its remuneration report at its AGM on Friday. There was a 23% vote ...
More banks going broke sooner appears to be the point of any lighter touch ‘Tier 4’ regime for very small banks canvassed in ...
There are “relatively few regulatory obstacles” for start-up banks, the Review into Small and Medium-sized Banks has ...
The Federal Court of Australia has found in favour of the plaintiffs in a pair of class action lawsuits against tech giants ...
Westpac today announced the appointment of Carolyn McCann to the position of Chief Executive, Consumer, effective immediately.
APRA will consider a “a lighter-touch approach to the regulation of very small banks, to support their improved dynamism and ...
Revenue from financial services increased 10 per cent to $81 million. EBITDA for this division increased 24 per cent to $23 million. The EBITDA margin increased 4% to 29%. REA acquired a 20 per cent ...
The Fupay buy now, pay later business was acquired in March this year by a mystery buyer, Michael Fredericks, the founding managing director of Fupay Holdings Limited told Banking Day yesterday. The ...