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Bendigo “actively scanning the market” for partnerships as it finalises another university tie-up
Bendigo Bank has announced a tie-up with Swinburne University to open a Community Bank with further partnerships the pipeline....
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ASIC sets up new enforcement group
The corporate regulator will set up an Office of Enforcement appointing its deputy chair Dan Crennan to spearhead the new group....
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RBA highlights growing concern over housing
In minutes from its February monetary policy meeting, the Reserve Bank of Australia acknowledged that falling house prices could...
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ANZ chief now seeking “prudent” approach to boosting investor lending
In its first quarter trading update, ANZ has revealed that its home loan portfolio hardly grew in the December quarter with both...
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Bank governance still sound despite Royal Commission
The latest Standard & Poor's Global Rating Outlook believes the Royal Commission had little impact on Australia’s...
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Data key in stemming remediation costs
Remediation issues brought to light by the Royal Commission could cost up to $2 billion according to financial services firm, QMV...
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ASIC gets bigger stick to pursue harsher penalties
ASIC will shortly be able to pursue harsher civil penalties and criminal sanctions against banks including executives who have...
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Westpac’s flat trading result, a “reminder of the challenges” facing banks
Westpac posted a first quarter cash profit of $2.04 billion on Monday – flat a year ago during the same period.
The...
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BOQ announces profit downgrade as regionals face challenged growth outlook
Bank of Queensland announced a profit downgrade ahead of its half-year results in April as the bank, like some of its regional...
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Open banking, payment innovation and the year of the API
Last year was a real game changer for financial services and in particular, the concept of open APIs under open banking has “had...
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Mortgage Choice joins growing calls for consultation on broker pay
Mortgage Choice CEO, Susan Mitchell wants the Federal Treasurer to begin consultations with the mortgage broking industry before...
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Royal Commission spurs rethink for insurers
While insurance companies across Australia are still absorbing the findings of the Royal Commission a “rethink” in the sector is...
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