RAB feels the wellness in Douugh

Soon to launch in Australia, financial wellness fintech Douugh, will list, or relist on the ASX, via the shell of ZipTel. Regional Australia Bank, breaking strategic ground, remains in the game as ban.. read more

Wisr steers into car finance

Will Wisr make the grade as a ‘disruptive new entrant’ in vehicle finance? They had better watch out. Plenty in the target market for $60k loans (young lawyers and their ilk) are struggling with the r.. read more

$200bn TFF extended to June 2021

Deposit rates are headed for zero, but in the interests of mitigating bank funding risk, the RBA will increase the size of the Term Funding Facility and make the facility available for longer. read more

Clean cash back and front at RBA

The diminished demand for cash – via exaggerated concerns over the Covid-risks from handling grimy banknotes and coins – is real but overstated. And from this week the Reserve Bank pledges to “work to.. read more

Suncorp ‘could do better’

With a messy mix of rising cost ratios and a declining market share, Suncorp Bank is showing “the early signs of improvement”, or so group CEO Steve Johnston says. read more

RACQ CEO drives south

RACQ Bank has lost its CEO, Michelle Bagnall, who is headed for Victoria as the new CEO of Bank First. read more

Calamity Jim McEwans banking rot

Ten million new businesses must be ushered into view to replace the 2 million blown off course so far by the coronavirus but NAB is barely in sight as a contender to serve this market. read more