Recently digitised records reveal how Commonwealth Bank intended to become a mega bank by dismantling its competitors.
There is a goldmine of bank-specific granular data on incomes in the 2025 Employer Gender Pay Gaps report from the Workplace Gender Equality Agency.
It costs a mammoth $103 billion to run the banking industry in Australia, which for now is no barrier to record profits.
Non-bank lending providers are being roped into the Consumer Data Right. Stephen Jones, the Assistant Treasurer and Minister for Financial Services yesterday announced a series of reforms around the ...
PEXA, predictably, fibbed in their half-year investor presentation lodged with the ASX on Friday. In denial on their less than 100 per cent uptime record, perpetuating untruths will be a red flag for ...
Andrew Irvine, the CEO of National Australia Bank, has sold a parcel of shares he held in the bank to a value of around $1.1 million.
SME and sole trader arrears for auto loans are 35% higher than they were in December 2023, and arrears rates are further elevated in key sectors. Business owners in construction (+75%) and hospitality ...
Keeping Armaguard in business looks like being a supremely costly exercise for the major banks and the other ‘funding parties’ that bailed the firm out nine months ago.
Rising arrears and higher charge-offs have Resimac in a bind. Arrears of 90 days or more on sub-prime loans rocketed to 2.32 per cent at the end of December 2024, up from 1.24 per cent in June. This ...
AFG works with 4100 brokers and expects the broker market share, now at a record 75 per cent, to continue to rise to around 80 per cent. “As the lending cycle turns towards interest rate reductions we ...