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A second fintech has been thwarted at its attempt to engineer access to an ADI licence via a takeover of Maleny Credit Union. A merger with another mutual ADI is the likely fall-back for one of Austra.. read more

A hike in the rate of the once controversial Major Bank Levy and/or a broadening of the liabilities covered by the levy may be on the cards in Tuesday night's budget. read more

A compensation claim of $40 billion on behalf of around 300,000 class action members; that’s the ambit of an audacious (but still not ready) class action on behalf of first-home buyers. The Commonweal.. read more

Returns to investors in fintech credit have declined, a global BIS study finds. read more

The Reserve Bank is open to “lowering the current structure of rates in the economy a little more, without going into negative territory”. read more

There does not seem to be a strong public policy case for any eAUD, CBDC or overhyped digital money, the RBA concludes. read more

Might mergers into health insurance be on the horizon forCredit Union Australia? Or the sell-off CUA Health and quadrupling-down on basic banking and friendly advice. read more

There will soon be a reckoning with the dynamics hauling against inflation and the CPI Index. Components of the index are now at 100 per cent plus. read more

ASX-listed Resimac is waiving the $330 fee – the only upfront fee – charged for a valuation. read more

Suncorp announced 19 branch closures early last week and has now sketched out a restructure that will lead to the loss of up to 550 jobs. read more