Authorised deposit-taking institutions (585 items)

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Big banks spoil NPP debut

Credit unions, building societies and mutual banks look to be the champions of the day, as Australia's New Payments Platform made an uneasy debut first thing Tuesday morning. Three big banks - ANZ, NAB and Westpac - together dismayed their customers and dashed the hopes at NPP Australia and the Reserve Bank for an iconic day yesterday for real time payments and Australian banking. read more

Productivity Commission takes aim at banks, brokers and NPP

The Productivity Commission's draft report on the financial services industry contains a damning assessment of competition in the domestic retail banking sector alongside concerns over the structure of the soon-to-be launched New Payments Platform. read more

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