Tall Mohl tale plays at Livingstone 16 June 2020 5:57AM Something may be up at Commonwealth Bank. Who’s behind Tony Boyd’s AFR scoop this morning on a board brawl at the bank? A candid Andrew Mohl email from more than a year ago is the weapon, writes IAN R.. read more
May days a banking mess 11 June 2020 6:15AM Rarely singled-out as the tell-all indicator this it is, the value of Real-time Gross Settlements whizzing through the Reserve Bank’s systems are at red-alert readings. read more
Bulldog Xinja defers Dubai funding 10 June 2020 6:03AM Just “tune out the haters” and the “bullies” and double-down on self-belief and certainty in Xinja Bank’s version of a disruptive neobank. That’s the emotional essence of an often candid and typically.. read more
Debit and virus smack down credit habits 10 June 2020 5:52AM Debit cards are well and truly the preferred way to pay, thanks to the pandemic, and the virus has slashed the average credit card debt to 2008 levels. Cash-out with card purchases is also in free fal.. read more
Trio talk dinkum payments scheme 05 June 2020 5:33AM NPP Australia, BPAY Group and Eftpos Australia may combine in some form, with the boards of the three domestic payments organisations investigating the business case. read more
Zip buddies square away US push 03 June 2020 5:58AM Annualised this and pro-forma that, one day a buy now, pay later outfit or another fintech will define its point of difference with crisp and even audited financial data on the latest showy takeover... read more
Mortgage despair balloons 03 June 2020 5:56AM In a bracing update Firstmac said gross home loan arrears of more than 30 days have soared. Mortgages now represent 74 per cent of total deferrals and amount to 9 per cent of system credit. read more
A Super broadside at ME board 02 June 2020 6:02AM An overhaul of the board of directors of ME Bank is in the works, as restless shareholders seek to reform the governance of the bank. read more
Credit demand tanks, Super release shanks 02 June 2020 5:57AM Application volumes for mortgages, credit cards, mobile phone contracts, personal loans and other consumer credit have fallen heavily this year. read more
Wary mass market in savings mode 01 June 2020 6:06AM April saw the second-largest one-month rise in the level of household deposits on record, portraying a mass market on edge and saving like blazes, at least during the second month of the pandemic. read more