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APRA is finalising a letter to banks relaying its expectations around crypto assets and flagging them to “proceed with care”.

Economists from all four major banks have revised their cash rate forecasts following the RBA’s meeting this week, suggesting that the cash rate will start rising from June.

It finally happened: I’m a home owner. After more than five years of writing about mortgages, I finally got to see behind the curtain of the mortgage process.

Hejaz Financial Services upgrades its application technology to “streamline applications” for brokers, as it expands its broker channel.

Citi’s Tony Osmond steps in as chairman, banking, capital markets and advisory, as Alex Cartel assumes head.

The CEO of a customer-owned lender has warned that mutual banks that do not have scale and financial strength will be ‘unsustainable’ in future.

A mutual bank has welcomed 3,000 new members after completing its merger with a credit co-operative.

The federal Treasurer has appointed a veteran financial services lawyer and former regulator to head up the financial services regulator, alongside a new deputy chair.

Citi is to exit its consumer business, including mortgages, loans, retail banking and credit card operations, in Australia and 12 other markets.

A big four bank has announced that it will sell its lender’s mortgage insurance business to a global specialist insurer.

A Queensland-based lender is to acquire the super fund-owned lender ME Bank, as the two banks look to challenge the dominance of the big four.

The Federal Court has declared that the major bank engaged in misleading and deceptive conduct on 12,119 occasions when charging a rate of interest on business overdraft.

The non-major bank has announced that it will cease offering personal loans as it moves to have a “greater focus on home lending”.

National Australia Bank is set to acquire 100 per cent of the shares in digital lender 86 400, in a bid to help grow NAB’s digital brand, UBank.

A neobank has announced its plans to return all funds to depositors and relinquish its ADI licence.

Steve Kane, NAB’s longstanding executive for broker distribution, has announced his retirement from the major bank after nearly 30 years in the industry.

The Victorian government will deliver a “historic” $5.3 billion Big Housing Build to construct more than 12,000 new homes throughout metro and regional Victoria, it has been announced.

The central bank’s board has announced its monetary policy decision amid speculation of a cut to the cash rate.

The federal government has unveiled a plan to overhaul responsible lending laws by shifting from a “lender beware” model to a “borrower responsibility” model and stripping ASIC of its ...

The major bank has reached a settlement with AUSTRAC to pay a record $1.3 billion penalty for over 23 million breaches of anti-money laundering and counter-terrorism financing laws.