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‘Essential’ need for regional SMEs to access banks: ASBFEO
23 December 2021
‘Essential’ need for regional SMEs to access banks: ASBFEO

Closing branches in regional areas will have a ‘disruptive’ impact on SMEs and cause a ‘ripple effect’ on communities, the small business ombudsman has warned.

‘Lending spread’ key to Aussie banks’ profitability
4 January 2023

A long-term low-interest rate environment didn’t adversely affect Australian banking profitability, the RBA has found.

‘Meaningful improvements’ made in supporting vulnerable customers by banks
24 January 2025

Aussie banks have made strides in supporting vulnerable customers, but further improvements are needed, according to the BCCC’s latest report.

‘Things are going to get worse’ for Aussie banks, warns asset manager
23 May 2023

A leading Australian banking analyst has accepted that lenders will soon see a rise in bad debts as the full impact of rate hikes begins to hit borrowers.

2 banks announce intention to merge
2 February 2024

The two customer-owned lenders are exploring a merger in a bid to benefit from economies of scale and create “Australia’s leading purpose-driven bank”.

2 banks in court over alleged multimillion-dollar car dealer overpayments
14 October 2024

Two of Australia’s largest banks have landed themselves in court over a car dealer commissions controversy that allegedly left consumers out of pocket millions of dollars.

75% think banks are prioritising profit over service
9 May 2024

The majority of Australians believe that banks are putting profits over customer service, according to new data from COBA.

AI geared to protect banks against fraud
5 May 2023

A major bank says using AI can help fight fraud and enhance customer experience. 

All major banks report resi loan growth: APRA
4 March 2024

All major banks recorded mortgage loan book growth in January, as the regulator reveals the latest statistics for ADIs.

Alternative lenders stepping up as big banks stay risk-averse
25 March 2025

Major banks in Australia are becoming more risk-averse in their lending practices, making home ownership and business financing increasingly unattainable for many.

APRA reforms to ‘strengthen the ability of banks’
26 July 2024

APRA has finalised reforms to enhance banks’ liquidity and capital requirements, aiming to bolster their ability to handle future stress events.

APRA warns banks about overusing lending exceptions
13 June 2023

The prudential regulator has warned banks that lenders with higher volumes of lending exceptions will be faced with “heightened supervisory attention”.

Are BDMs the next casualty in the major banks’ AI-driven overhaul?
11 September 2025

Over the course of 2025, there have been job cuts announced at each of the major banks, many fuelled by increased AI adoption. Are BDMs next on the chopping block?

Are mergers keeping mutual banks alive?
2 July 2024

The Australian banking landscape has seen multiple mergers over the years that are continuously narrowing the competition. What do these decisions mean for the future of Australian ...

ASIC nudges banks to pay outstanding $1.6bn in remediation
29 September 2022
ASIC nudges banks to pay outstanding $1.6bn in remediation

The corporate regulator has reminded the finance sector of the whopping debt owed to millions of consumers, by updating its guidance.