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Western Australia is emerging as the next political battlefront for the banking sector as Commonwealth Bank steps up a new drive to slash costs across its national operations. read more

P&N Bank chief executive Andrew Hadley revealed that the mutual's full year accounts are likely to show delinquency rates on home lending breached one per cent in the financial year that ends this.. read more

Australian banks and other credit card issuers are facing a perfect storm that threatens to slash revenue, margins and public confidence in their cards businesses. read more

If the fraud rate continues to blow out, merchants will be copping chargebacks exceeding A$1 billion before the end of the decade. read more

Small lenders continued to erode the dominance of the major banks in new home lending in May, according to data collated by AFG, the country's largest mortgage aggregation network. read more

Regional banks have conditionally thrown their weight behind the Turnbull Government's proposed A$6.2 billion levy on the major banks and Macquarie, but want key aspects of the enabling legislation bi.. read more

BoQ's chief executive Jon Sutton has argued that regulatory capital rules give the majors a competitive advantage that cannot be overcome by imposing a levy on the largest banks. read more

Financial Ombudsman Service chief Shane Tregillis is "hopeful" that an industry-funded scheme of last resort compensation will be introduced as part of the government-led overhaul of dispute resolutio.. read more

Cross-bench senator Nick Xenophon says he and his party have made no promises to the Turnbull Government on whether they will support the planned overhaul of external dispute resolution schemes in the.. read more

QT Mutual Bank will rebrand as RACQ Bank from October as part of a wide-ranging campaign to stem its declining membership in Queensland.The mutual currently has 14 branches but that will more than tri.. read more