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Operating costs, and in particular payroll, remain a thorn in the banking industry’s side. read more

The Council of Financial Regulators says it plans to provide its report of its Review into small and medium-sized banks, conducted with the ACCC to the government by July 1st. read more

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

e-conveyancing operator Sympli has settled on a change of strategy. read more

The Reserve Bank has laid out its timetable to progress its review of merchant card payment costs and surcharging.  read more

Jon Davey, CEO of Tyro Payments, has resigned. read more

Which other facets of Westpac’s business have been (or are being) as badly managed as RAMS? read more

Judo Bank will introduce savings accounts and transaction accounts for business and the mass market. read more

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

Commonwealth Bank may not be far away from stealing National Australia Bank’s crown as the biggest business bank. read more