ANZ may have presented APRA and ASIC with the perfect case for a first enforcement action under the Financial Accountability ...

How many instances of misconduct will it take before the Australian Financial Services Licence and the Australian Credit ...

Latitude Financial could have – but failed – to head off what ultimately proved to be a disastrous cyber breach in March 2023 ...

PEXA, the dominant e-conveyancing platform, may be for now be in the clear on allegations of monopoly conduct.

A 25 basis points lift in its net interest margin to 2.32 per cent has underpinned the profitability of IMB Bank.

Debit card and credit card spending is increasingly concentrated among ‘strategic’ merchants, meaning big retailers.

ANZ will need to write off $100 million, including $78 million in goodwill, following the closure of Cashrewards.

ASIC has had another, albeit narrow, win in the Federal Court in relation to breaches of responsible lending laws, on this occasion by Money3.

Westpac and investors may want to brace for a much more adverse outcome than the bank has so far provisioned for in civil penalty proceedings bought by ASIC against Westpac in relation to admitted ...

Putting weeks of rumours behind it, ANZ yesterday said it “expects” around 3500 employees to “depart the group” by September 2026. Around 1000 contractors will also be let go ...

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, ...