Australia
ASIC proposes updates to credit disclosure as rules expire
ASIC proposes updates to credit disclosure as rules expire
It proposes changes to reverse mortgage information statement.
ASIC proposes reviewing relief instruments for financial services licensees
The two instruments will lapse in 2026.
Thousands of Aussie financial advisers fall short of 2026 rules
Over 2,300 advisers or providers risk losing authorisation on 1 January 2026.
Westpac to enable subscription viewing and cancellation in app
3 in 10 Australians say they are wasting money on duplicate or unused subscriptions.
Australia’s new mortgage caps unlikely to hit bank credit growth
The new limit may mitigate risks of significant increases in household debt.
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.
Thought Leadership Centre
Most Read
1. Banks need to rethink identity governance for AI agents 2. HSBC offloads $25b home‑loan portfolio amidst Australia retail banking exit 3. From stablecoins to sovereignty: The rise of trust-based digital dollar systems 4. OCBC, ZGC International partner to target China-ASEAN tech flows 5. Singapore payments code targets hidden fees and misleading claimsResource Center
Read Here
Advertise
Sign Up
Event News
He underscores that transformation, talent, and measurable impact separate financial industry leaders from the rest.
Commentary
Banks need to rethink identity governance for AI agents
From stablecoins to sovereignty: The rise of trust-based digital dollar systems
Indonesia’s banks need faster fraud decisions as digital payments grow
China’s leasing giants are growing up — and Asia’s banks can’t look away
Adapting to change with confidence
Asia plays part in $129t global credit market pool
How alternative data lending is reaching Southeast Asia's unscored MSMEs