Teachers Mutual Bank – one of the larger mutuals, with A$6 billion in assets and almost 200,000 members – has locked away another stage of its five-year strategy to take on Australia's Big Four banks. read more
Professional services (311 items)
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The new chief executive of the Australian Bankers Association said the industry could not realistically command external respect unless senior leaders were accountable "for themselves and for their teams". read more
Law firm Maurice Blackburn Lawyers has launched a class action in the Federal Court in Sydney against Thorn Australia Pty Ltd, which trades as Radio Rentals. read more
A pair of "Great Southern" borrowers that owed A$1.4 million to Bendigo and Adelaide Bank will linger in bankruptcy years longer than the conventional three years, following a late intervention by the bank. An appeal to the Full Court of the Federal Court of Australia has upheld an earlier decision, an outcome labelled as "the result of an uncritical assimilation in the Bankruptcy Act of personal insolvency agreements with compositions." read more
Martyn Wild, chief investment officer of Westpac's BT arm is the subject of allegations of personal misbehaviour at work toward two female staff. read more