iscover
iscover banks
23 December 2021
Closing branches in regional areas will have a ‘disruptive’ impact on SMEs and cause a ‘ripple effect’ on communities, the small business ombudsman has warned.
4 January 2023
A long-term low-interest rate environment didn’t adversely affect Australian banking profitability, the RBA has found.
24 January 2025
Aussie banks have made strides in supporting vulnerable customers, but further improvements are needed, according to the BCCC’s latest report.
23 May 2023
A leading Australian banking analyst has accepted that lenders will soon see a rise in bad debts as the full impact of rate hikes begins to hit borrowers.
2 February 2024
The two customer-owned lenders are exploring a merger in a bid to benefit from economies of scale and create “Australia’s leading purpose-driven bank”.
14 October 2024
Two of Australia’s largest banks have landed themselves in court over a car dealer commissions controversy that allegedly left consumers out of pocket millions of dollars.
9 May 2024
The majority of Australians believe that banks are putting profits over customer service, according to new data from COBA.
5 May 2023
A major bank says using AI can help fight fraud and enhance customer experience.
4 March 2024
All major banks recorded mortgage loan book growth in January, as the regulator reveals the latest statistics for ADIs.
25 March 2025
Major banks in Australia are becoming more risk-averse in their lending practices, making home ownership and business financing increasingly unattainable for many.
26 July 2024
APRA has finalised reforms to enhance banks’ liquidity and capital requirements, aiming to bolster their ability to handle future stress events.
13 June 2023
The prudential regulator has warned banks that lenders with higher volumes of lending exceptions will be faced with “heightened supervisory attention”.
2 July 2024
The Australian banking landscape has seen multiple mergers over the years that are continuously narrowing the competition. What do these decisions mean for the future of Australian ...
29 September 2022
The corporate regulator has reminded the finance sector of the whopping debt owed to millions of consumers, by updating its guidance.
30 August 2023
In an open letter to 30 large lenders, the corporate watchdog has urged them to step up their support for customers grappling with financial hardship.