Wary mass market in savings mode

April saw the second-largest one-month rise in the level of household deposits on record, portraying a mass market on edge and saving like blazes, at least during the second month of the pandemic. read more

Qantas crisis tests Qudos CEO

These are delicate times for Qudos Bank - formerly the Qantas Staff Credit Union, given “the majority of deposits”  –  and surely the majority of loans  –  “are from employees and former employees of.. read more

NAB digs retail capital

National Australia Bank increased its post-results capital raise under the retail share purchase plan by A$750 million, taking the bank’s total capital raise to $4.25 billion. read more

Symple and small, for now

Origination volumes in the 17 months since Symple Loans’ launch in January 2019 “are approaching $40 million,” CEO Bob Belan tells Banking Day. read more

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