NAB too bureaucratic: McEwan 28 April 2020 11:57AM NAB chief executive Ross McEwan has outlined a number of areas where the bank needs to improve, with better execution the key to its turnaround. read more
Big banks’ mortgage pricing ‘oligopolistic’ 28 April 2020 11:53AM The Australian Competition and Consumer Commission has detected “signs of oligopoly behaviour and a lack of vigorous price competition” among the big banks in the home loan market. read more
Small mortgage lenders punching above their weight 02 October 2014 5:23PM Submissions to the Financial System Inquiry have painted a picture of the regional and mutual banking sectors being squeezed out of the market by big banks, which enjoy a funding advantage. However, t.. read more
Strong capital position primes SGE for growth 02 October 2014 5:21PM SGE Credit Union has released its final annual report before rebranding as a mutual bank later this year, reporting a modest pick-up in earnings and little change in assets. read more
Keen credit card issuers sweeten their offers 02 October 2014 5:18PM Shrinking credit card balances are forcing issuers to sweeten their balance transfer deals as they try to generate some growth in their card portfolios. read more
Stress still concentrated in south-west Sydney 29 November 2007 5:14PM Fitch Ratings has updated its snapshot of the localities most affected by mortgage delinquency. As with six months ago the problem is concentrated in Sydney's south-western suburbs. read more