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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.

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.

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.

4 January 2023

APRA has increased the countercyclical capital buffer (CCyB) to 1 per cent of risk-weighted assets (RWA), the regulator has confirmed.

5 September 2024

APRA’s stats have revealed a slowdown in the pace of growth in the loan books of the country’s banks during July.

31 July 2024

The latest data has outlined a substantial increase in loan figures, highlighting strong growth between the 2023 and 2024 financial years.

3 February 2023

A “strong cyclical position” bodes well for Australia, but tightening is still needed, major UN agency the IMF, has assessed.

3 March 2023

The banking code committee has announced banks reported an almost 40 per cent drop in breaches of the banking code.

4 August 2023

ABA members have been granted permission to co-ordinate on developing an industry standard to prevent and detect scams.

27 May 2016

With the share prices of the major banks down close to 25 per cent from their highs in April 2015, one fund manager says the market is underestimating the strength of the big four.