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Jun 15 2015
Westpac Group has restructured its Australian retail and business banking operations in an attempt to accelerate the group’s customer-focused strategy.
Jun 11 2015
Moula Money, an online platform for small business lending in Australia, has secured $30 million in funding from Liberty Financial and a group of private investors.
Jun 10 2015
LMI provider Genworth has announced that it has renewed its supply and service contract with NAB Broker for a further two years.
Jun 10 2015
Australia’s banks aren’t the only ones feeling the pressure to hold more capital, with similar rules being introduced in New Zealand.
Jun 5 2015
ANZ has appointed a new managing director of corporate and commercial banking for Australia.
Jun 4 2015
APRA chair Wayne Byres has told a Senate committee its supervision of “less than prudent” lending activity over recent months has not been easy but is now starting to reap rewards.
Jun 4 2015
Assistant treasurer Josh Frydenberg has listed peer-to-peer lending as an area that requires greater regulatory oversight and “answers” from government and business.
Jun 3 2015
The Reserve Bank has expanded on its decision to leave rates unchanged, expressing the board’s decision to implement “accommodative” monetary policy.
Jun 3 2015
The Commonwealth Bank has been granted authorisation for a Renminbi licence, enabling it to expand trade and investment for clients doing business in mainland China.
Jun 3 2015
ANZ has launched and priced its first green bond – raising $600 million for financing a portfolio of loans that develop low-carbon industries.
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