Authorised Deposit-Taking Institutions

• 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

• John Kavanagh

Climate advocacy groups and investors have stepped up their use of litigation to try and speed up the move to net zero and, while energy and resource companies and government bodies are the main targe.. read more

• Ian Rogers

The banking industry have been played for fools, disoriented into yielding to the clever, costly plans of Lindsay Fox and Linfox Armaguard. read more

• Ian Rogers

Why not pay more if you want to? This is the both sensible and silly retort of banks at the very moment they are being outfoxed from every angle. Paying more turns out to cost more than $100 million... read more

• John Kavanagh

ING Australia regained momentum in the home loan market last year but is struggling to make headway with its push into the business banking market. 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

• Banking Day staff

Westpac has moved its audit business from PwC, its auditor of 50 years, to KPMG.  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

HSBC is pulling out of Bank@Post and Post Billpay, with effect from 11 April. read more

• Ian Rogers

Avenue Bank has settled on an exceptionally narrow focus for its industry debut. read more

• John Kavanagh

Top rates on longer-dated term deposits came down last month and while there was mix of increases and decreases in at-call rates, some of the cuts were applied to products offering high rates. read more

• Ian Rogers

Cuscal has reported a December 2023 half year net profit of A$13.7 million, up five per cent from the prior period, and is distributing $6.1 million to shareholders as an interim dividend. read more