APRA eases path for new banks 31 July 2025 4:24AM Fintechs will have 12 months to demonstrate to APRA they are worthy of a banking license. read more
Regional Banking Alliance calls for community service obligation on major banks 31 July 2025 4:22AM Around 30% of transactions in regional mutual banks lead to ‘pass through banking’. read more
ASIC squeezes banks over high fee accounts for low income earners 30 July 2025 6:40AM A range of banks have or will refund $93 million to low income customers following intervention by ASIC. read more
CBA chatbot replaces call centre jobs 30 July 2025 6:38AM Commonwealth Bank is axing 90 frontline roles in favour of automation and offshoring. read more
ASIC must appeal Finder debenture defeat 28 July 2025 2:51AM The High Court must overturn a dreadful decision of the Federal Court on debentures. read more
Dye & Durham turmoil trouble for banks 28 July 2025 2:49AM The efforts by one activist shareholder to dislodge an earlier group of activist shareholders from influence over Canada’s Dye & Durham is being eyed warily by Australian banks. read more
Three tier supervision model mooted by APRA 25 July 2025 6:36AM Smaller banks may soon benefit from a degree of lighter touch prudential supervision, something they have long sought. read more
Branches from a bygone era 25 July 2025 6:34AM Digital banking interactions have increased by 70% since 2019, the ABA said. read more
Caution over scam complaints 23 July 2025 6:26AM The number of scam cases ‘are far too high” AFCA says, but they are in decline. read more
Arrears, hardship on the march 22 July 2025 7:22AM Consumer credit stress is kicking along, with credit default risk “climbing again, particularly amongst vulnerable borrower segments” credit bureau illion have found. read more