The top ten mutual banks in Australia now account for 75% of mutual banking and credit union system assets. To varying degrees, all the largest mutual banks have an appetite to explore mergers, both ...
“in1bank has decided to discontinue its banking business” was all the bank had to say to its customers. But this decision is ...
For the second time in six months, Police & Nurses have aborted a planned mega merger, this time with Great Southern Bank.
Danny Pavisic has stepped down as CEO of Unity Bank, more than a month ahead of schedule. As planned, Rosanna Argall, the ...
Rod Finch, a former managing director of AMP Bank, has been appointed as chief executive officer and managing director of ...
For Regional Australia Bank, a merger with SWSbank stretches its geographic reach from north-western NSW to south-western NSW ...
New mortgage originations experienced a year-on-year increase of 17.7% in December 2025. Mutuals and big four banks dominated December's new ,ortgage demand, Equifax said. New mortgage enquiries with ...
For the four largest banks in New Zealand, the Reserve Bank of New Zealand has settled on a reduction in Tier 1 capital ratio requirements relative to the 2028 settings under capital levels imposed i.
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 ...
HSBC is seeking a buyer for its Australian retail banking arm, The Australian reports. HSBC had A$37 billion in assets and A$38 billion in deposits at May 2025, APRA data shows. Its mortgage book was ...
Buy Now, Pay Later may not be done and dusted in Australia after all. New research from Equifax finds 33% of Australians said they use credit cards, and 24% say the use Buy Now, Pay Later services.
ANZ’s group-wide Root Cause Analysis of its lacklustre management of non-financial risk – shared with APRA in early July 2025, and hidden until now – is, inevitably, a confronting read. Finally ...