The APRA is set to call time on long-serving,incompetent and conflicted directors under a planned major shake-up of standards at banks,insurers and super funds.
It feels like investors have finally woken up to the fact that bank share prices have been unfathomably overvalued for a year.
The chief executives of banking giant Westpac and its smaller rival Bendigo and Adelaide Bank said lower rates could help both households and businesses.
Banks upheld their “safe haven” status in the market last year,and share prices surged – but could rate cuts reverse this trend and make it tougher for banks in 2025?
Australian banks have called out Meta for enabling scammers to use its social media platforms to lure victims and facilitate money laundering.
As banks fight back against scammers,changes as minor as how you move a mouse on a computer screen can be a clue to a suspicious transaction.
Australia’s banking sector is in rude health as far as the public is concerned and that could potentially land it in trouble in an election year.
An analysis of banks’ environmental,social and governance strategies comes as a deadline looms for businesses to provide climate transition plans to one bank or risk losing finance.
Better than reviving the Gunpowder Plot.
It was stone-cold.