Australia's biggest banks are ramping up efforts to reduce their reliance on mortgage brokers in the nation's $1.6 trillion home loan market, looking to offset pressure on profit margins from lower ...

Shares of Australia's largest banks face a subdued outlook in 2025 amid slowing economic growth and anticipated interest rate cuts. The robust stock gains of Australia's four biggest banks contrasted ...

“The data confirms that non-bank lenders are well regulated and committed to responsible lending, consistently reporting low arrears rates, prudent lending standards, and strong support for customers ...

The latest player is Royal Automobile Club of Queensland (RACQ). On Thursday, the Queensland-based mutual revealed that it has sold its retail lending and deposit business to Bendigo Bank for an ...

Commonwealth Bank of Australia ( ($AU:CBA) ) just unveiled an update. The Commonwealth Bank of Australia has announced the aggregated percentage ...

The Australian Banking Association on Wednesday appointed ANZ Group CEO Nuno Matos as the new chair of its council, replacing ...

A new fintech company has launched in Australia to take on the big four banks, vowing to use its technology to eliminate ...

Ranil Boteju will return to the Commonwealth Bank of Australia as its chief AI officer to advance the financial services firm ...

Money markets are wagering the central bank’s next move will be a hike in 2026 Read more at The Business Times.