Feb 11, 2025 · Focused on banking and finance, saving you the time spent wading through newspapers and other services. With reporting from former editors and senior writers from the AFR and The Australian.

Firstmac will pay a civil penalty of $8 million following its liability under Design and distribution obligations for its High Livez income fund.

APRA will soon begin a comprehensive review of its governance prudential framework, the APRA chief, John Lonsdale, said yesterday. “Our goal is to create a single cross-industry standard that strengthens our expectations on directors’ skills and integrity to ensure boards are better positioned to respond to uncertainty and shocks in the operating environment” Lonsdale said.

Feb 5, 2025 · Bernard Kellerman; The move towards phasing out BECS in favour of the New Payments Platform is gaining traction. The next steps in this process and how the industry will get there was the working thesis of a panel disc..

The move towards phasing out BECS in favour of a more modern payments system such as the New Payments Platform is gaining traction. The next steps in this process and how the industry will get there was the working thesis of a panel discussion at yesterday's AusPayNet conference.

12 February 2025 2:00AM; Following a lull, Macquarie once more have their foot on the accelerator. read more

Credit reporting agency and information services company Experian has applied for accreditation as a data recipient under the Consumer Data Right and announced plans to offer a credit assessment service to lenders.

Transforming Lending Operations For The Lifecycle Needs Of Borrowers. Home Search Print Top. Free trial Banking Day

Credit bureau illion’s credit stress benchmark improved in the second half of last year, as consumers adapted to changing economic conditions, but more recent spending and missed credit repayment data suggest people may be getting slacker with …

Asset quality indicators all soured at Commonwealth Bank over its June 2024 full year. And will continue to do so. “Arrears will rise” this year, Matthew Coymn , the bank’s CEO told an investor briefing yesterday.