The ABA and COBA have both formally supported the passage of the Cash Distribution Framework Bill 2026. The industry ...

The Banking Code Compliance Committee has called on banks to keep a heightened focus on their management of deceased estates, ...

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 ...

PayTo, a secondary Account to Account payments system allied to the New Payments Platform “has yet to demonstrate its maturity as a direct debit replacement” the Reserve Bank of Australia said in a ...

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 ...

Bank of Sydney is forging ahead with a core banking system replacement, and has selected Infosys as vendor. The bank has operated on a Fiserv platform since 2001. “The board approved the new operating ...

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 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 ...

Latitude Financial could have – but failed – to head off what ultimately proved to be a disastrous cyber breach in March 2023, a review by an independent expert for the Australian Financial Complaints ...

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 ...