Australia
Australia proposes remaking legislative instruments for technical relief
Australia proposes remaking legislative instruments for technical relief
One paragraph in ASIC Instrument 2016/200 is being repealed.
2 days ago
ASIC proposes reviewing relief instruments for financial services licensees
The two instruments will lapse in 2026.
2 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.
3 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.
4 days ago
Australia’s new mortgage caps unlikely to hit bank credit growth
The new limit may mitigate risks of significant increases in household debt.
5 days 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.
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.
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.
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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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