Judo stressed by problem loans

Bruised, inevitably, by a downturn in asset quality, Judo Bank is facing up to a credibility problem with the capital market. A contorted trading update saw the shares of Judo smashed by 17 per cent. read more

PEXA strife a matter of trust

PEXA refute widespread chatter of a cyber incident on Thursday morning, with login issues attributed to the actions of a third party vendor, and which soon resolved. read more

Crypto firm wins appeal over AFSL

The Full Federal Court has allowed an appeal by digital asset service provider Block Earner, finding that Block Earner did not need a financial services licence to offer its digital asset-related Earn.. read more

Business mix a partial fix for BOQ

A ‘rebalancing’ of its asset mix, in line with strategy, has seen a pick up in business lending and a slump in consumer lending at Bank of Queensland. read more

LMI sector in a flux

Expansion of the Home Guarantee Scheme, as proposed by the Labor Party, may render the lenders mortgage insurance segment redundant, and raise doubts around the viability of mortgage-backed securities.. read more