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Fintech Australia supports move on fintech senate committee
FinTech Australia has supported the government’s move to set up a Senate Committee focused on fintech.
Under the drive of...
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Teachers Mutual offers ethical short-term deposits
All future wholesale short-term deposits from Teachers Mutual Bank will be certified as ethical by the Responsible Investment...
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Reporting season: How did banks compare on their mortgage books
Australia’s largest lender was clearly the standout in growing its loan book amid market and economic challenges while another one...
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Government eyes greater ASIC powers as regulator reveals investigations against big four
The Federal Treasurer Josh Frydenberg has sought consultation on draft legislation that will give the corporate regulator greater...
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COBA renews push for better competition
More than 30 CEOs and directors from the customer-owned banks arrived in Canberra on Wednesday to reinforce their case for better...
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Australian fintech funding up 229 per cent
Fintech start-ups in Australia raised $585 million in the first half of 2019, more than triple the $178 million raised in the same...
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ASIC appeals against Westpac responsible lending decision
ASIC has appealed the decision by the Federal Court’s decision to dismiss its against Westpac arguing that among other things that...
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Rate cuts not helping housing market says economists
Speaking at the recent Breakfast with the Economists event top economists shared predictions on the Australian housing market...
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86 400 goes live
Following the granting of its full bank licence last month, 86 400 has gone live with its business with plans to launch home loans...
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Xinja plans non-banky surprises as APRA greenlights bank licence
Xinja is now the fourth neobank to receive its full bank licence from the prudential regulator, with the budding bank already...
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Suncorp announces new CEO
The highly regarded Steve Johnston will take over the reigns of the Suncorp.
Johnston, who worked at Suncorp for 14...
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First home buyers lead housing demand
First home buyers now account for 20 per cent of mortgage lending as tighter lending conditions continue to impact the appetite of...
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