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The Productivity Commission says it will conduct a review of the Consumer Data Right, now a cornerstone of banking practice, but not widely used in other industries. read more

Seeking to cash in on the modernisation of payments flows surrounding strata buildings and their suppliers, NAB has taken a 15% stake in ASX-listed Urbanise. read more

AFCA has ruled Commonwealth Bank is not liable to reimburse a mortgage holder who was scammed out of more than $100,000 in an email compromise. read more

Pat Murphy will become CEO of Experteq, succeeding Shane Baker, who is departing after 12 years read more

Macquarie isn’t the slick profit machine its sometimes appears to be, while more questions are being asked about its governance. read more

The picture in early 2025 “is of a housing upturn that has lost considerable momentum” Westpac economics team said in an analysis of quarterly ABS lending data yesterday. read more

Sharia finance house Hejaz Financial is working on a roundabout plan to secure a banking licence in Australia. read more

Daniel Mulino has been appointed the new assistant treasurer and minister for financial services. read more

Lextech, one of Australia’s leading mortgage origination and settlement platforms, has announced it is withdrawing its application to be an Electronic Lodgement Network Operator (ELNO),  read more

Macquarie is not merely the most efficient but the most profitable of the six major banks. read more