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Aug 17 2018
Philip Lowe, the governor of the Reserve Bank of Australia, has said that he is “incredibly disappointed” and “appalled” at the behaviour of banking, superannuation and financial services ...
Aug 17 2018
The major bank has appointed a new chief information officer to replace Dave Curren, whose retirement has also been announced.
Aug 16 2018
Fintech lender Wisr has launched “Australia’s first credit score comparison service”.
Aug 15 2018
The Productivity Commission’s recommendations are unlikely to effect “drastic change” in the banking sector, and would have a “limited” impact on competition, according to Moody’s
Aug 13 2018
A new blockchain-based peer-to-peer lender has announced buy-in from a venture capital firm as it continues on its path to improve credit availability on a global scale.
Aug 13 2018
Commonwealth Bank has been selected as the sole arranger of what’s been described as the world’s first bond “to be created, allocated and managed using blockchain technology”.
Aug 10 2018
Suncorp has signed a non-binding heads of agreement with TAL Dai-ichi Life Australia to sell its life insurance business for $725 million.
Aug 10 2018
A major bank’s full-year results signal the emergence of increased earnings pressure in the Australian banking sector, according to Fitch Ratings.
Aug 9 2018
Commonwealth Bank CEO Matt Comyn has said that he is expecting home lending to grow this financial year, despite the bank reporting a $4 billion drop in the volume of new loans settled.
Aug 8 2018
Debtor finance and cash flow management fintech Skippr has secured a further $16 million to grow its finance book and help drive expansion.
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