5

Commonwealth Bank is investigating another compliance breach at its online stockbroking arm, Commonwealth Securities. read more

The Reserve Bank is facing the prospect of industrial action as its hardball negotiations with the Finance Sector Union intensify with no sign of agreement. read more

Following a ten-month search for a new chairman, Westpac yesterday announced it will appoint a former investment banker and management consultant with deep experience in the oil and gambling sectors t.. read more

Lower tax expenses and a dramatic surge in interest-related revenue helped payments services provider Indue Limited to a slightly improved bottom line performance last year. read more

Commonwealth Bank chairman Paul O’Malley copped a grilling from shareholders on Wednesday as they voiced concerns over the company’s progress in meeting climate targets, its response to the PwC govern.. read more

After a decade of fee revenue runoff, the country’s four major banks are again feasting on all manner of account and transaction fees to boost their income lines. read more

Despite a dip in demand in August, in the past 18 months there has been a recovery in cash usage. read more

Macquarie Bank’s unswerving shift to a digital-only servicing model has been widened to include the removal of some types of phone-based support for mortgage brokers. read more

Soaring international demand for banknotes and a post-pandemic rush for passports propelled the Reserve Bank’s note printing business to a solid surplus last year. read more

Brisbane-based online payments provider Global Payments is preparing to ramp up its Australian business following the launch of a multi-channel service platform this week. read more