As of Monday, 13 July 2026, non-bank lenders have started sharing Product Reference Data in compliance with their Consumer ...

Linfox Armaguard has incurred losses in the order of $130 million in recent years, the firm’s chair, Peter Fox, told the Senate’s Economics Legislation Committee yesterday. The firm continues to incur ...

A handy guide from the Auditor-General on approaches to repeatedly dodging paying tax debts, and building confidence that a ...

The boards of Teachers Mutual Bank Limited and Australian Mutual Bank Limited have formally approved the proposal to recommend merging the two mutual banks to members following completion of due ...

Struggling US card issuing and payments processing platform provider Marqeta Inc has abruptly pulled the plug on its Australian business as it scrambles to tame operating losses across its global ...

Lower levels of profitability for the Australian banking industry and especially declining margins in the sector’s core mortgage business are prominent themes in the First Report of the House ...

KPMG Australia is carrying $557 million in debt borrowed from NAB and DBS. That is roughly $815,000 per partner. The annual cash distribution to partners, and the nature of accrual accounting profit ...

The board of P&N Bank have elected not to proceed with a proposed merger with Beyond Bank Australia. Police & Nurses Limited “has concluded its due diligence on the potential merger with Beyond Bank ...

Community First Bank and Illawarra Credit Union are planning to merge, the boards of both ADIs informed their members yesterday. The merged entity will have almost 80,000 members and customers, and ...

The new business of Luke Bunbury, one of the co-founders of Volt Bank, has emerged as the buyer of all remaining assets of the failed bank. Via his latest venture, We Are Embedded, Bunbury has ...

Australia’s dalliance with buy now pay later services appears to be unravelling, with new consumer payments data revealing a dramatic slide in demand for the controversial payments method. The latest ...

The growth ambitions of Bank Australia may be accelerating, with the mutual bank “in transition to being designated as a Significant Financial Institution” by APRA. A revealing job advertisement for a ...