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

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.

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 ...

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. 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 ...

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 ...

Cuscal on Friday announced the acquisition of its rival, payments processor Indue. This is a takeover Cuscal has pondered many times before, with the timing no doubt informed by the recent Banking ...

With a capital adequacy ratio of 29 per cent and a liquidity ratio of 26.5 per cent, you have to ask: what is really going on at BNK Banking Corp? Deliberately running down its book, weaning itself ...