Bendigo the farmers' favourite 25 October 2023 5:43AM Bendigo Bank has been rated the most trusted agribusiness bank, in a Roy Morgan survey of Australian farmers. read more
Banks top list of AFCA systemic issue investigations 20 October 2023 5:52AM Delays in acting on instructions, inappropriate debt collection practices, errors in credit reports and errors in the calculation of minimum loan repayments featured among the systemic issues the Aust.. read more
Teachers Mutual off the pace 16 October 2023 4:24AM Teachers Mutual Bank struggled to keep pace with increased competition in the home loan and retail deposit markets in the year to June, and was hit by system errors for the second year in a row. read more
Chalmers casts the payments regulatory net wide 13 October 2023 5:43AM Proposed changes to payments system legislation will expand regulatory coverage to ensure all entities that play a role in payments are covered, as well as giving the government greater flexibility to.. read more
Consumers and businesses fall back on credit 11 October 2023 5:21AM Consumer spending on credit cards hit a record in August and balances accruing interest are climbing for the first time in years. Commercial card spending went up even more. read more
Risks of the fixed-rate cliff overstated 09 October 2023 5:38AM The vast majority of home loan borrowers who have rolled off fixed rates have managed the transition to higher rates well, and borrowers with fixed-rate loans yet to roll off do not appear materially.. read more
Westpac to stay in the Pacific 05 October 2023 5:16AM Westpac will retain its Pacific banking businesses, after spending the past three years trying to sell them. read more
Big bank's divergent mortgage strategies play out 04 October 2023 5:50AM The latest mortgage data highlight the different approaches the big banks are taking in the current mortgage market, with CBA’s book running off over the past few months, while ANZ’s and Westpac’s boo.. read more
RBA holds but lenders don't 04 October 2023 5:48AM Close to half of all lenders have increased their variable mortgage rates since July, despite the Reserve Bank keeping the cash rate on hold over that period. read more
Record numbers hit mortgage stress level 04 October 2023 5:47AM The number of mortgage borrowers at risk of mortgage stress, as measured by Roy Morgan, has hit a record high. read more