Australia
Australia’s big four banks' fossil fuel exposure remain in billions
Australia’s big four banks' fossil fuel exposure remain in billions
They are exposed to methane emissions, which they do not measure separately.
1 day ago
AusPayNet launches public consultation on account-to-account payments
They aim to identify current and future payment needs and expectations of users.
1 day ago
Aussie banks welcome confirmation of payee system
It will check if the account names and numbers entered by the payer.
2 days ago
Bank Australia’s Qudos merger solidifies its competitive position
Its Qudos and Australian Unity Bank mergers are not expected to disrupt core activities.
3 days ago
CommBank deploys AI-powered bots to fight scams
The bots engage scammers, gather intelligence, and disrupt scam operations, it said.
5 days ago
ANZ’s group executive for technology and group services is retiring
Gerard Florian will pursue a “non-executive career”, the statement said.
5 days ago
NAB nabs Llyods UK banker as new group chief for digital, data, AI
Pete Steel previously spent 16 years at the Commonwealth Bank of Australia.
ANZ’s group executive for Australia retail is retiring
Maile Carnegie will retire from the role on 1 July 2025.
ASIC issues warning to influencers promoting high-risk financial products
The influencers are providing unauthorised financial product advice, ASIC said.
NAB record 16% new homebuyers after home lending rate cut
They expect to see more home buyers re-enter the market.
ASIC cancels licence of Financial Services Group Australia
It also permanently banned its responsible manager, Graham Holmes.
Commonwealth Bank of Australia completes stake sale in Bank of Hangzhou
CBA received approximately $940m, and CET1 ratio was raised by 17 basis points.
Australian banks may cut mortgage broker reliance to boost profitability
Driving customers to in-house channels could boost profitability.
Citi ANZ names John McLean as head of ECM and GAM
McLean will relocate from Singapore to Sydney, Australia.
ANZ names Stephen White as group executive operations
He joins ANZ in November 2025.
Australia’s digital wallet market to surpass $130b in 2025
Increasing use of QR and NFCC payments are supporting this growth.
Less than half of Aussie firms adopting real-time payments: survey
About 2 in 3 believe that finance tech providers will shoulder the responsibility of assistance.
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Jul
08
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The company was recognised for accelerating its growth and cementing leadership in wealth management.
