A fast pace of growth in deposits and “record member growth” over the December half suggests that the busy investment in “digital” is making its mark at CUA - Australia’s largest credit union. read more
NAB out of line of SME code
NAB will be a rare industry voice supporting a A$5 million loan threshold to define a small... read more
ASIC’s new penalty regime takes effect
Breaches of the Corporations Act can now result in prison terms of up to ten years, as ASIC’s... read more
ABN Amro boosts its local presence
Dutch bank ABN Amro has upgraded its presence in Australia with the opening of a Sydney branch... read more
Aussie interest keeps CBA options open
Two insider offers have recently been made for Aussie Home Loans, a subsidiary of Commonwealth... read more
iSelect sells InfoChoice
Melbourne’s LK Group has entered the financial services industry with the acquisition of... read more
Comment sought on APRA review terms
Treasury has released a draft of the terms of reference for the Australian Prudential Regulation... read more
Brief: From COBA to Heritage board
Wendy Machin, a former NSW minister, has joined the board of Heritage Bank. read more
No life for AMP without AGM vote
There could be no more material change in the strategic direction of an enterprise than AMP... read more
IT’s a batch payments crisis at Bendigo Bank
A rare two-day payments outage leaves Bendigo pacifying an irate depositor base today. The major... read more
ING yields left and right in Australian banking
900,000 new customers and nine per cent loan growth - ING Bank leveraged this into double digit... read more
CUA slogs deposits
A fast pace of growth in deposits and “record member growth” over the December half suggests that the busy investment in “digital” is making its mark at CUA - Australia’s largest credit union. read more
7am daily. News and insights on banking and finance. Free trial
Browse news by topic
Promotions
We use Banking Day to keep our key executives informed about the industry and competitors.