Lextech exits ELNO race

Lextech, one of Australia’s leading mortgage origination and settlement platforms, has announced it is withdrawing its application to be an Electronic Lodgement Network Operator (ELNO),  read more

CommBank win class action appeal

An historic success by Commonwealth Bank in a shareholder class action last year will stand, following the dismissal of appeals on behalf of shareholders into two representative actions. read more

WIB and business help Westpac

A lift in earnings at Westpac Institutional Bank as well as in Westpac’s Business and Wealth division provided a bright spot in the group’s difficult half-year result. read more

More life in BECS yet

It’s the thorniest question in payments in Australia. The case for extending the life of the Bulk Electronic Clearing System versus a wholesale embrace of the New Payments Platform for account to acco.. read more

PEXA monopoly efficient protest ABA

The Australian Banking Association is calling for endorsement of an ‘infrastructure model’ and price regulation in e-conveyancing, effectively endorsing a monopoly for PEXA. read more