NAB penalised for CDR failures 20 June 2025 6:07AM National Australia Bank has paid penalties after the ACCC issued it with four infringement notices for alleged contraventions of the Consumer Data Right Rules. read more
Carnegie quits ANZ 20 June 2025 6:05AM Maile Carnegie, ANZ’s group executive Australia retail will leave the bank in a week. read more
ASIC probes mortgage brokers 19 June 2025 6:40AM ASIC is on the hunt for evidence of predatory lending fostered by mortgage brokers, with the regulator gathering data at this stage. read more
Indexed Bonds get a makeover 19 June 2025 6:37AM Treasury Indexed Bonds will be revamped, to make them more appealing to offshore investors. read more
RBA Governance Board 'plays a role' in monetary policy 17 June 2025 6:27AM The Governance Board of the Reserve Bank of Australia will play a high level role in formulating the parameters of monetary policy in conjunction with the Monetary Policy Board. read more
Banks stuck in a payroll trap 16 June 2025 6:26AM Operating costs, and in particular payroll, remain a thorn in the banking industry’s side. read more
Banking review report due by 1 July 16 June 2025 6:24AM The Council of Financial Regulators says it plans to provide its report of its Review into small and medium-sized banks, conducted with the ACCC to the government by July 1st. read more
Curb reliance on brokers: S&P 11 June 2025 6:37AM Curbing their reliance on mortgage brokers could allow Australian banks to boost their net interest margins and profitability, S&P Global Ratings argue in a report on the sector. read more
Sympli pivots to practitioner-first model 10 June 2025 6:39AM e-conveyancing operator Sympli has settled on a change of strategy. read more
RBA to publish surcharging options in July 06 June 2025 7:14AM The Reserve Bank has laid out its timetable to progress its review of merchant card payment costs and surcharging. read more