Banking

The New Payments Platform: 24/7 financial plumbing for the economy of the future

It’s a sunny Sydney Sunday afternoon. The BBQ is burning, drinks are the flowing and someone has just taken a cracking catch in the backyard cricket game. And then, inevitably,…

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Alternative finance: a tiny firecracker that’s about to explode

When it comes to evaluating the rise of fintech in Australia and indeed the Asia Pacific region, we can learn a lot from Bill Clinton’s 1992 election campaign slogan: “It’s…

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Mutuals: Time to take off

Increased capital and new technologies give Australia’s credit unions, building societies and mutual banks (the mutuals) a platform for growth.

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Major Banks: Courage required, embracing disruption key to growth

The Australian major banks (the majors) this FY15 reported another record earnings result, but return to shareholders is down as the banks face an accelerating pace of change and compounding…

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Capital uncertainty dominates in major banks mixed results

The Australian major banks (the majors) have reported a mixed financial result for the first half of 2015. Cash profit after tax totals $15.5 billion for the 2015 half year…

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I want it all and I want it now: banking on the future

Generations X and Y will dominate banking and finance for the next decades with their share of financial assets. At just 36 percent in 2010 their financial assets are estimated…

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Mutual sector struggling for growth

Australia’s credit unions, building societies and mutual banks delivered a vastly different result to the major banks this year. Operating profit after tax for the mutuals fell by 1.5 percent…

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G20: a brave, bold balanced agenda for banking reform

The G20 this weekend is expected to give its blessing to proposals made by the Financial Stability Board (FSB) for further capital requirements for the world’s largest 30 banks – the ‘global systemically…

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Major Banks: Tensions rising

The Australian major banks reported another strong financial result for the 2014 full year, although tensions are rising as a result of the regulatory uncertainty from the Financial System Inquiry,…

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