John Kavanagh

Banks are looking for ways to preserve margins in their home loan businesses and one area where they are taking a harder look is their relationships with brokers. read more

The Reserve Bank has held the cash rate steady since late last year but lenders have been busy adjusting home loan rates to address competitive and margin management issues, as well as positioning the.. read more

AMP is committing $300 million in seed funding to its Alternative Debt Fund. read more

The Australian Finance Industry Association reported that its members provided close to A$2.5 billion of electric vehicle finance in 2023. read more

After two years of operation, ANZ’s digital retail brand ANZ Plus is growing customer numbers and deposits strongly and is proving its value as an efficient banking platform. read more

ANZ reported a net profit of A$3.4 billion for the six months to March 2024 – a fall of 4 per cent. read more

The Customer Owned Banking Code Compliance Committee has welcomed an increase in reported breaches of the industry code, saying it reflects an improvement in reporting practices. read more

Consumers and business are relying more on credit cards to manage payment obligations and overcome uneven cashflow, but they are keeping their account balances under control. read more

Westpac is pinning its hopes for re-energising its business on a technology simplification program, Project Unite. read more

Westpac’s multi-year project to fix its risk governance, the CORE program, is complete, with independent reviewer Promontory Australia reporting that the bank has delivered all activities under the pr.. read more