Fresh from the completion, last Friday, of its merger with G&C Mutual Bank, Unity Bank is scouting around for smaller mutual ...
The Australian banking sector is coming under increased political scrutiny, with the government pushing for greater alignment with public demands.
The Australian Financial Complaints Authority has welcomed a federal government decision that will enable it to consider the actions of “receiving banks” in scam complaints. The Assistant Treasurer ...
Batch payment processing might have an enduring place in Australia’s payments mix, amid hesitancy by the Reserve Bank to embrace the industry’s plans to migrate away from the established system for ...
Today, Australians have access to a wide array of financial institutions. Yet, a new book, Battle of the Banks, exposes how the country almost became a "one bank town" when Ben Chifley set out to ...
• a comprehensive consideration of options for achieving that target future state; • and establishing appropriate mechanisms for coordination and stakeholder engagement.” The Australian Payments ...
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. “I have consistently stated ...
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