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Commonwealth Bank has increased the indemnity provided to CountPlus for customer remediation from A$300 million to $520 million to cover misconduct identified at the time of the sale of the business. read more

Bank of Queensland executive chair Patrick Allaway made it clear yesterday that former chief executive George Frazis, who was sacked last week, was given opportunities to fix his leadership style befo.. read more

Pioneer Credit chair Michael Smith, who has chaired the board since 2014, will step down on December 31.  read more

Mortgage brokers wrote 71.7 per cent of all new residential mortgages during the September quarter – the first time broker share has reached above 70 per cent. read more

The payments industry should be in a position to deliver least cost routing functionality for mobile wallet transactions by the end of 2024, the Payments System Board said yesterday. read more

Columbus Capital has priced its fourth Triton series issue of residential mortgage-backed securities for the year, raising A$550 million. read more

Bank of us, in Tasmania, has appointed Helen Galloway as its new chair. read more

Judo has made changes to its executive team. read more

The Central Bank of Ireland has notified EML Payments’ UK/Irish subsidiary Prepaid Financial Services that it will continue to limit growth in payment volumes to 10 per cent above an agreed baseline. read more

Westpac has announced that director Peter Marriott will retire after the bank’s annual general meeting next month. read more