Curb reliance on brokers: S&P

Curbing their reliance on mortgage brokers could allow Australian banks to boost their net interest margins and profitability, S&P Global Ratings argue in a report on the sector. read more

Judo Bank hits the brakes

The growth rate in lending at Judo Bank has halved, with the bank facing up to the need to manage the stress in its $11 billion business lending book, and better screen new applicants. read more

PAX seeks payments match with banks

PAX Global, a new name in the supply of payments terminals, believes it may be on the cusp of breakout in the local market, following its acquisition of the firm’s local distributor late last year. read more