Shareholders in ANZ voted down the remuneration report for the second year in a row at the bank’s annual general meeting in Sydney yesterday. Around 33% of shareholders voted against. It takes a vote ...
It looks like BECS, the Bulk Electronic Clearing System, will remain a workhorse of Australian’s payments system for a long, long time. John Brogden, chair of the Australian Payments Network, made the ...
The Reserve Bank of New Zealand yesterday said it filed civil proceedings in the High Court against ASB Bank Limited for breaches of core requirements under the Anti-Money Laundering and Countering ...
Banks in Australia are in clover, with $719 billion in new housing loans advanced over the year to September 2025, APRA’s Quarterly ADI Property Exposures publication shows. Owner-occupied loans ...
Commonwealth Bank have debuted an interesting new leading indicator of trends in wages and employment. The bank’s inaugural Wage & Labour Insights report draws on de-identified salary flows from ...
APRA’s designation of Macquarie Bank on Friday as being one of five banks now grouped as ‘Most Significant Financial Institutions’ is no mere regulatory nip and tuck. This serves as a reminder that ...
Bendigo and Adelaide Bank will acquire RACQ Bank’s retail lending assets and deposits – at book value. There is no premium payable on the footings of a retail banking business that recently has been ...
The upper house of the NSW Parliament has called for the Australian Registrars' National Electronic Conveyancing Council to release the outcome of a pair of sensitive reviews. • an updated Cost ...
ANZ’s group-wide Root Cause Analysis of its lacklustre management of non-financial risk – shared with APRA in early July 2025, and hidden until now – is, inevitably, a confronting read. Finally ...
Tyro Payments have named Nigel Lee as their next CEO. Lee will replace Jon Davey from early January. Lee “has deep payments expertise across issuing, acquiring, software and hardware solutions and has ...
Westpac’s technology overhaul, a program dubbed UNITE, will take until mid 2029 to conclude, a few months later than previously anticipated. “We’ve completed discovery and planning and are now ...