Australia
8 in 10 young Aussies suffered financial difficulties in 2025
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.
2 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.
3 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.
3 days ago
Bank Australia solidifies competitive position with AUB merger: S&P
The bank has earlier announced a merger with Qudos Bank.
3 days ago
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.
6 days ago
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.
CBA’s digital home loan channel its fastest growing
First-time home buyers have become more comfortable with digital loans, CBA said.
ANZ warns H2 profit will be hit with $727.19m charges from significant items
This includes the A$240m ASIC settlement and A$285b related to PT Panin.
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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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