In its FY2024 full year results Commonwealth Bank disclosed the total cost of providing cash services over the year to June 2024 at $410 million. In its results Westpac put cash handling costs at $330 ...
National Australia Bank and its subsidiary Advantedge are defending proceedings bought by ASIC that it failed to respond to ...
Banks would have to meet a minimum level of service in regional areas or contribute funding to bolster the number of branches and ATMs offered by other institutions, in a proposal put forward by ...
Interoperability is coming to the property settlement domain and PEXA’s deliberate attempts to entrench its monopoly won’t ...
Former director and CEO of Bananacoast Community Credit Union, Lyndon Kingston, has been found guilty of dishonest conduct.
Home lending attributed to UBank NAB put at $13.4 billion at September 2204 in its full year results last week, equal to four per cent of the bank’s mortgage book. UBank’s deposit balances were $19.7 ...
Cuscal’s top 10 clients were responsible for 57% of Cuscal’s fee and commission revenue in FY2024, the prospectus for Cuscal’s upcoming initial public offer shows. Cuscal “maintains long-term ...
The average cost to income ratio increased by 336 basis points across Australia’s four major banks in FY2024, to 49.2 per cent, analysis by KPMG found. This is in line with the overall increase in ...
National Australia Bank will step up efforts to originate more new business via proprietary channels, CEO Andrew Irvine said yesterday. ‘We need to be a really good proprietary home loan bank. We ...