Latest News

• Ian Rogers

A range of banks have or will refund $93 million to low income customers following intervention by ASIC. read more

• Ian Rogers

Commonwealth Bank is axing 90 frontline roles in favour of automation and offshoring. read more

• Ian Rogers

The High Court must overturn a dreadful decision of the Federal Court on debentures.  read more

• Ian Rogers

The efforts by one activist shareholder to dislodge an earlier group of activist shareholders from influence over Canada’s Dye & Durham is being eyed warily by Australian banks. read more

• Ian Rogers

Smaller banks may soon benefit from a degree of lighter touch prudential supervision, something they have long sought.  read more

• Ian Rogers

Digital banking interactions have increased by 70% since 2019, the ABA said. read more

Australian banks need to do more to scale their offshore sourcing. read more

• Ian Rogers

The number of scam cases ‘are far too high” AFCA says, but they are in decline. read more

• Ian Rogers

Consumer credit stress is kicking along, with credit default risk “climbing again, particularly amongst vulnerable borrower segments” credit bureau illion have found. read more

The time is fast approaching when the board of the (former) lenders mortgage insurance powerhouse Helia Group must determine its fate. read more

• Ian Rogers

NGM CEO Bernadette Inglis The board of NGM Group has elevated its CEO Bernadette Inglis as managing director and a member of the NGM Group Board.  read more

• Ian Rogers

Credit invisible consumers - those with little or no credit history – will be made visible to lenders via Equifax Open Score, “an innovative new bank transaction score designed to support the more tha.. read more

• Ian Rogers

The Council of Financial Regulators say they are exploring a regulatory framework to support the long‑term sustainability of the cash distribution system, a framework aimed squarely at enabling finan.. read more

• Ian Rogers

Runaway growth in scheme fees levied by Mastercard and Visa could be – but probably won’t be – corralled by intervention options canvassed by the Reserve Bank yesterday. read more

• Ian Rogers

The Reserve Bank is proposing removing surcharging across all debit card and credit card payments, from July 2026. read more

• Ian Rogers

Major banks have reached an agreement with Armaguard to extend their financial contributions to support the dominant cash-in-transit business for a further six months.   read more

• Ian Rogers

Things are unsettled at NAB, beginning with insider trading. read more

• Ian Rogers

Armaguard are borrowing in curious places. read more

• Ian Rogers

ANZ’s new chief executive Nuno Matos “has quietly downgraded the bank’s glamour technology project” The Australian reported on Saturday. read more

• Ian Rogers

NAB breached its responsible lending obligations when it provided an investment loan to two sisters in 2018, AFCA has ruled. read more