Country: Australia

Challenger bank Judo signs with Credit Suisse to meet demand

(26 November 2018 – Australia) To meet the surging demand from “credit-starved” small businesses, SME lender Judo has signed a...

Lending

Uncategorized

Australia

ASIC under fire at Royal Commission

(23 November 2018 – Australia) The Australian Securities and Investments Commission has come under fire at the royal commission for...

Regulatory & Government

Australian Securities & Investment Commission

Australia

A$2 billion Aus Govt support for small business lending

(15 November 2018 – Australia) Treasurer Josh Frydenberg has announced the introduction of an Australian Business Securitisation Fund and facilitation...

Lending, Regulatory & Government

Uncategorized

Australia

OFX responds to international acquisition speculation

(14 November 2018 – Australia) OFX Group is reportedly weighing up new international acquisitions supporting the group’s growth trajectory and...

Foreign Exchange, Mergers & Acquisitions

Uncategorized

Australia

Digitisation remains key growth driver

(13 November 2018 – Australia) Digitisation remains a key focus for major banks as regulatory costs and capital adequacy pressures were...

Financial Results

Uncategorized

Australia

Banks warn of tightening credit if tougher regulation applied

(11 November 2018 – Australia) Australia’s major banks have assured the government they are keeping their doors open to small...

Lending, Regulatory & Government

NAB, Westpac

Australia

ASIC calls for more funding in order to be effective

(9 November 2018 – Australia) The corporate regulator says it is determined to take more banks to court, but this...

Regulatory & Government

Australian Securities & Investment Commission

Australia

Australian banks continue to face fallout from misconduct inquiry

(7 November 2018 – Australia) Australia’s big four banks have reported a 5.5 percent drop in overall cash profit in...

Financial Results, Regulatory & Government

CBA

Australia

Wayne Byres reappointed APRA chief until 2023

(5 November 2018 – Australia) The Australian government has extended Australian Prudential Regulation Authority (APRA) Chairman Wayne Byres tenure for a...

Regulatory & Government

Uncategorized

Australia