Australia
Australia’s new mortgage caps unlikely to hit bank credit growth
Australia’s new mortgage caps unlikely to hit bank credit growth
The new limit may mitigate risks of significant increases in household debt.
7 hours ago
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.
3 days ago
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.
5 days ago
Mortgage competition between Aussie homeowners and investors heats up
First-time homeowners increasingly need to take on more debt to afford a house.
6 days ago
Which suburb in Australia leads in mortgage arrears?
Victoria and New South Wales are the only states represented in the highest-arrears list.
6 days ago
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.
Macquarie Group’s net profit up 3% to A$1.65b in H1 2026
Net operating income and operating expenses are both higher compared to a year earlier.
NAB sees net profit dip 2.9% to A$6.76b in FY2025
The group saw a deterioration in its business lending portfolio, the bank reported.
Aussie mortgage holders and renters lead in unpaid card debt: survey
Mortgage payers owe A$1,342 on average, compared to homeowners owing A$787.
Airwallex surpasses $1b in annual recurring revenue
The Americas and EMEA make up 35% of its revenue.
Australians pull back on spending to afford a home loan: survey
Despite this, 1 in 3 Australians believe that they will never afford their own home.
CBA reaffirms commitment to goodwill payments for affected customers
The bank has made approximately A$25m in goodwill payments to 87,000 accounts.
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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.
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