Australian-Owned Bank

• Ian Rogers

A bank branch (mainly NAB’s) closed in regional Australia every 5 days since a Senate inquiry into bank closures in regional Australia was announced early last year. read more

• John Kavanagh

NAB has formed a partnership with cyber security company CrowdStrike and is offering its SME customers a year’s free access to the CrowdStrike Falcon Go service.  read more

• John Kavanagh

Deposits are 'key differentiators of profitability' and banks’ ability to manage their deposit mix will be important to their earnings when rates start to fall. read more

• Ian Rogers

AMP will take until early 2025 to roll out AMP Bank’s new digital small business proposition. read more

• John Kavanagh

After putting the brakes on home loan origination in the second half of last year, in response to margin pressure, AMP Bank is now suffering a big runoff in its mortgage book. read more

• Ian Rogers

Investing in its business and, as usual, allowing costs to get away from it, Great Southern Bank has reported a lower profit over the half year to December 2023. read more

• Ian Rogers

“There’s no reason we can’t be Australia’s first member-owned bank to have a million members,” People First Bank believes. read more

• Ian Rogers

The application of Moody’s revised Advanced Loss Given Failure analysis to certain Australian banks yesterday has led to a shake-up of credit ratings for four banks, including two downgrades for regio.. read more

• Ian Rogers

David Marshall, chief executive of Defence Bank, has left to lead Ultradata as its CEO. read more

• Ian Rogers

Islamic Bank Australia surrendered its restricted banking licence to APRA last Friday. That’s three voluntary exits by neobanks. There are bound to be more. read more

• Ian Rogers

The barely challenged lack of competitiveness or even relevance of Suncorp Bank is the dark heart underlying the full decision of the Australian Competition Tribunal to grant authorisation for ANZ to.. read more

• Ian Rogers

Lithuanian Co-Operative Credit Society ‘Talka’ Limited, one of the most feeble credit unions in the country, will merge with Bank Australia. read more

• Ian Rogers

Suncorp Bank’s swansong result highlights the task ahead for ANZ, defending a franchise and extracting value from a business beset by margin headwinds and increased expenses. read more

• John Kavanagh

After a combination of a decline in its loan book and a sharp fall in its margin hit Auswide Bank’s bottom line hard in the December half, the bank is looking forward a return to growth and a more sta.. read more

• Ian Rogers

Despite looking like it might well expire and exit the industry at several points in recent years, BNK Banking Corp is trudging along in the face of a massive margin hit. read more

• Ian Rogers

Comment: Each takeover of a smaller rival proposed by a big Australian bank has won clearance from competition authorities over the last 35 years. Every single one. read more

• Ian Rogers

Comment: In the disgraceful Australian catalogue of bank takeovers, one overlooked old ANZ favourite bears a review. read more

• George Lekakis

Credit impairments and asset quality are on the slide at Judo Bank, inevitably. And now Judo has anointed Chris Bayliss as its new CEO, as Joseph Healy exits stage left. read more

• George Lekakis

Volume growth in AMP’s banking arm stalled in the December 2023 half as tumbling interest margins forced the company to pull back on home lending activity. read more

• John Kavanagh

The sale of Challenger Ltd’s banking subsidiary to Heartland Group was expected to be completed by the end of June 2023, but yesterday Challenger disclosed that the transaction will not be completed u.. read more