Curb reliance on brokers: S&P 11 June 2025 6:37AM Latest news Ian Rogers Curbing their reliance on mortgage brokers could allow Australian banks to boost their net interest margins and profitability, S&P Global Ratings argue in a report on the sector. read more
Sympli pivots to practitioner-first model 10 June 2025 6:39AM Latest news Ian Rogers e-conveyancing operator Sympli has settled on a change of strategy. read more
RBA to publish surcharging options in July 06 June 2025 7:14AM Latest news Ian Rogers The Reserve Bank has laid out its timetable to progress its review of merchant card payment costs and surcharging. read more
Tyro CEO quits 06 June 2025 7:13AM Latest news Ian Rogers Jon Davey, CEO of Tyro Payments, has resigned. read more
Westpac admits to chronic RAMS misconduct 05 June 2025 6:31AM Latest news Ian Rogers Which other facets of Westpac’s business have been (or are being) as badly managed as RAMS? read more
Judo dabbles in transaction accounts 05 June 2025 6:29AM Latest news Ian Rogers Judo Bank will introduce savings accounts and transaction accounts for business and the mass market. read more
Judo Bank hits the brakes 03 June 2025 6:23AM Latest news Ian Rogers The growth rate in lending at Judo Bank has halved, with the bank facing up to the need to manage the stress in its $11 billion business lending book, and better screen new applicants. read more
Resimac pays special dividend 03 June 2025 6:21AM Latest news Is the payment of a special dividend by Resimac a vote of confidence by its board? Or the opposite? read more
CommBank closing in on NAB in business lending 02 June 2025 6:16AM Latest news Ian Rogers Commonwealth Bank may not be far away from stealing National Australia Bank’s crown as the biggest business bank. read more
PAX seeks payments match with banks 30 May 2025 6:47AM Latest news Ian Rogers PAX Global, a new name in the supply of payments terminals, believes it may be on the cusp of breakout in the local market, following its acquisition of the firm’s local distributor late last year. read more
Personal insolvencies settle 30 May 2025 6:43AM Latest news Ian Rogers New personal insolvencies across Australia remained stable, recording only a slight drop in the March quarter 2025. read more
Payday lending too hot for Cash Converters 27 May 2025 6:38AM Latest news Ian Rogers Cash Converters will cease offering Small Amount Credit Contracts as of the end of September. read more
Re-rating AFG 26 May 2025 5:30AM Latest news Ian Rogers Shares in Australian Finance Group have gone for a run recently and plenty of investors will be thinking there’s more where that came from. read more
Bendigo takes backwards steps 26 May 2025 5:28AM Latest news Ian Rogers “More moderate levels of growth [are] expected in the future” Bendigo and Adelaide Bank said in a trading update. read more
Solvar buys into Earlypay 26 May 2025 5:26AM Latest news Ian Rogers Automotive finance group Solvar Limited has acquired a 19.9% stake in Earlypay. read more
Business risk on the skids 23 May 2025 6:15AM Latest news Ian Rogers Court actions are on the rise, business insolvencies are out of control in hospitality and while insolvencies are stabilising, business risk overall is rising. read more
Teachers and Australian Mutual do the deal 23 May 2025 6:09AM Latest news Ian Rogers The boards of Teachers Mutual Bank Limited and Australian Mutual Bank Limited have formally approved the proposal to recommend merging the two mutual banks. read more
Bank of Sydney takes plunge with Infosys 22 May 2025 11:16AM Latest news Ian Rogers Bank of Sydney is forging ahead with a core banking system replacement, ditching Fiserv. read more
Receiving banks in focus in AFCA scam reforms 20 May 2025 6:33AM Latest news Ian Rogers AFCA is pushing on with measures that will enable it to consider the role of receiving banks in assessing liability for scams – a move that will greatly increase the level of scam losses borne by the.. read more
Productivity Commission reviews CDR 20 May 2025 6:30AM Latest news Ian Rogers The Productivity Commission says it will conduct a review of the Consumer Data Right, now a cornerstone of banking practice, but not widely used in other industries. read more