This Month
- Opinion
- Chanticleer
CBA’s dividend shows its strength and power
COVID-19 may have made a mess of the world but with its better than expected dividend, Commonwealth Bank is saying it's in great shape.
- James Thomson
- Exclusive
- Payments
Global fintech enlists Bendigo Bank in fight against forex fees
Transferwise, a fast growing peer-to-peer money changer, has teamed up with the regional bank to undercut hefty forex fees at the major banks.
- Michael Bailey
- Opinion
- Chanticleer
How CBA can pass banking’s dividend litmus test
Commonwealth Bank's dominance in the past 12 months means it is best placed to navigate APRA's tricky test on dividend payments.
- James Thomson
AMP Australia boss Alex Wade exits over 'internal matter'
Senior AMP staff told their employees on Thursday that Mr Wade was asked to address an “internal matter” and that he tendered his resignation.
- Updated
- Michael Roddan
Scottish Pacific seeks new CEO as stalwart prepares to move on
The big Australian invoice and debtor finance company has kicked off its search for a new boss to take the reins from industry veteran Peter Langham next year.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Tassie tourism will feel Melbourne pain: MyState CEO
Nearly one-in-five Tasmanians rely on tourism but there's broad support to keep its border closed to Victorians, says the Hobart-based bank's CEO.
- James Eyers
July
Industry insight: aim for long-term financial and societal gains
Our clients invest with us because environmental and social issues and good corporate governance are important to them and they trust us to deliver on these fronts as well, writes Matt Patsky of Trillium Asset Management.
- Matt Patsky
- Opinion
- Chanticleer
APRA gives banks wriggle room on dividends
The prudential regulator has given bank investors a ray of hope, while ensuring the sector can help stabilise a weak economy.
- Updated
- James Thomson
Virgin Money dodges pandemic bullet - for now
The ASX-listed bank says Britain's credit guarantees fuelled business lending, but corporate and consumer pain may yet lie ahead.
- Hans van Leeuwen
- Opinion
- Fintech
Tyro's radical transparency trounces paranoia, for now
Tyro has been on the front line of the COVID-19 economic crisis. And it has led from the front in terms of disclosure.
- Jonathan Shapiro
British fintech aims to ride virus tailwind into Australia
OakNorth, a five-year-old business lender and tech platform, opens Sydney office to pitch its credit-risk assessment tools to banks adrift in uncertainty.
- Hans van Leeuwen
Neobank Xinja cuts rates for savers (again)
Xinja has caved in to cost pressures and slashed rates for depositors for the second time in two months while a distribution deal gives 86 400's mortgage plans a kick along.
- James Frost
SME lenders to banks: Use it or lose it
Specialist lenders claim some lenders are dragging their feet on the SME loan scheme with claims some haven't loaned out a red cent.
- James Frost
- Opinion
- Chanticleer
Banks’ unusual COVID-19 side effect will hurt growth
The government's support for businesses and households has crowded out demand for bank loans. That will push the sector's recovery out further.
- James Thomson
The company banning Zoom meetings
Heritage Bank is slashing the number of online meetings between staff who are working from home because they were becoming 'slaves' to their computers.
- Liam Walsh
Westpac to be hit with class action over car yard rip-offs
Maurice Blackburn to pursue the bank for allowing intermediaries to gouge customers with interest rates of up to 10 percentage points above the going rate.
- James Frost
KPMG Corp Finance kicks off funding search for fintech Avenue
Small business finance contender Avenue is ramping up its pitch to take on the big Australian banks in small business finance.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
ME Bank CEO Jamie McPhee calls time
Long-standing boss of challenger bank ME steps down after 10 years and denies the controversy over the bank's redraw offering played a role in his departure.
- James Frost
ANZ braces for 'second spike' of Victorian business collapses
The bank says the six-week lockdown of metropolitan Melbourne will lead to a second wave of businesses going belly up.
- James Frost
How to flatten the insolvency curve
Australia flattened the infection curve but can it also keep the insolvency curve flat? CreditorWatch chief executive Patrick Coghlan says it can but it comes down to the banks.
- Matthew Cranston
