Armaguard zero in on cash bailout

Armaguard are on the cusp of an epic win over their alarmed clients in the banking industry via a material support package. The ABA looks likely to wrap up negotiations by the end of this week.   read more

Electric credit burns bright

An ambitious program of federally funded and widely accessible loans to foster a near universal take-up of rooftop solar and associated investments is the centrepiece of the pre-budget submission to t.. read more

Debenture decision all backwards

In a decision that seems unlikely to stand, the Federal Court has found that Finder Wallet Pty Ltd’s crypto product Finder Earn is not a debenture. read more

Armaguard convinces banks on price support

Why not pay more if you want to? This is the both sensible and silly retort of banks at the very moment they are being outfoxed from every angle. Paying more turns out to cost more than $100 million... read more

APRA lets NAB off the leash

APRA has removed the $500 million capital add-on it imposed on NAB in response to issues identified in the bank’s risk governance self-assessment. read more

Bankwest shuts 45 branches

Commonwealth Bank will shut 45 Bankwest branches in Western Australia by the end of the year and convert 15 more to the main CBA brand. read more