Great Southern Bank and P&N Bank have agreed to merge, a union that once complete will form the largest mutual bank in ...
The countdown may be underway to the regulation by the Reserve Bank of Australia of Apple Pay, something that will be popular ...
ANZ may have presented APRA and ASIC with the perfect case for a first enforcement action under the Financial Accountability ...
PEXA, the dominant e-conveyancing platform, may be for now be in the clear on allegations of monopoly conduct.
Debit card and credit card spending is increasingly concentrated among ‘strategic’ merchants, meaning big retailers.
A 25 basis points lift in its net interest margin to 2.32 per cent has underpinned the profitability of IMB Bank. Net profit for the year to June 2025 was $38.1 million, a 30% increase on the FY2024 ...
ASIC has had another, albeit narrow, win in the Federal Court in relation to breaches of responsible lending laws, on this occasion by Money3. Money3 is a subsidiary of ASX-listed Solvar Limited. ASIC ...
The Federal Court will begin a hearing of the civil penalty proceedings bought by ASIC against Westpac in relation to admitted long-running and widespread misconduct by RAMS on 21 October. Westpac and ...
HSBC is seeking a buyer for its Australian retail banking arm, The Australian reports. HSBC had A$37 billion in assets and A$38 billion in deposits at May 2025, APRA data shows. Its mortgage book was ...
With retail sales of $18.4 billion attributed to the loosely regulated buy now pay later credit sector, the Australian Retailers Association is anxious that regulatory reforms will be, as promised, ...
The new business of Luke Bunbury, one of the co-founders of Volt Bank, has emerged as the buyer of all remaining assets of the failed bank. Via his latest venture, We Are Embedded, Bunbury has ...
The Fupay buy now, pay later business was acquired in March this year by a mystery buyer, Michael Fredericks, the founding managing director of Fupay Holdings Limited told Banking Day yesterday. The ...
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