Australia
CBA pays $525,000 in penalties for data sharing contraventions
CBA pays $525,000 in penalties for data sharing contraventions
Some customers may have been unable to share certain data to accredited recipients.
11 hours ago
NAB offers loan relief, fee waivers to Aussie bushfire victims
Those directly impacted may also be eligible for credit card payment deferrals, amongst others.
13 hours ago
ASIC proposes updates to credit disclosure as rules expire
It proposes changes to reverse mortgage information statement.
5 days ago
ASIC proposes reviewing relief instruments for financial services licensees
The two instruments will lapse in 2026.
5 days ago
Thousands of Aussie financial advisers fall short of 2026 rules
Over 2,300 advisers or providers risk losing authorisation on 1 January 2026.
6 days ago
Westpac to enable subscription viewing and cancellation in app
3 in 10 Australians say they are wasting money on duplicate or unused subscriptions.
Australia’s new mortgage caps unlikely to hit bank credit growth
The new limit may mitigate risks of significant increases in household debt.
This week in finance: CIMB Singapore's new card for sole proprietors; banks' real estate woes; in-app chat services heat up
GoTyme Bank is now compatible with Google Pay.
8 in 10 young Aussies suffered financial difficulties in 2025
Just 30% think they will afford a comfortable place to live in the next 12 months.
Mortgage competition between Aussie homeowners and investors heats up
First-time homeowners increasingly need to take on more debt to afford a house.
Which suburb in Australia leads in mortgage arrears?
Victoria and New South Wales are the only states represented in the highest-arrears list.
Bank Australia solidifies competitive position with AUB merger: S&P
The bank has earlier announced a merger with Qudos Bank.
NAB earnings outlook tempered by higher costs and loan competition
The bank does have low levels of problem loans and a strong funding profile, Moody’s said.
Westpac faces earnings pressure despite strong asset base: Moody’s
Its NPL ratio has improved and its deposit base is stable.
Australia’s Ubank surpasses 1 million customers
It has named social media, particularly Tiktok, as an acquisition channel.
Westpac to pilot new community banking service
The bank will invest over A$65m to modernize its regional network.
Macquarie remains well capitalized despite compliance breaches
The Australian bank recently reported monitoring failures and short-selling misreporting.
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
