ACCC trips payments merger

The planned amalgamation of BPAY, eftpos and the New Payments Platform has fallen foul of the ACCC, with questions over future investment roadmaps and contestability. read more

Summerland raises defences

Summerland Credit Union, from Lismore, NSW, is setting out to thwart overtures to acquire the ADI and demutualise the credit union. read more

CUA takes the medicine

CUA will release a significant amount of capital with the sale of its health insurance business to Perth-based HBF. read more

Trade winds blow CommBank clear

The bounce-back of the Australian economy from the pandemic is playing to Commonwealth Bank’s strengths, while its program of divestments of non-banking businesses leaves the bank flush with capital. read more