Banks to offer “bridging finance” to SMEs unable to meet wage bills ahead of JobKeeper relief
Major banks will offer a lifeline to businesses struggling to keep staff on ahead of being accepted into the JobKeeper program.
CommBank’s fintech feud: Why the government should level the playing field in 2020
The banks still believe — and act — like they have a privileged position in our financial services system. That needs to change.
Businesses unable to pay staff as Commonwealth Bank suffers widespread outage
A major outage at Australia's largest Bank has left angry customers saying they haven't been paid, while business services experience issues.
Four questions for the banks: What the ACCC should investigate in its mortgage pricing inquiry
Treasurer Frydenberg has asked the ACCC to do another inquiry into the banks' pricing practices, and there are four questions it ought to be asking.
Major banks cop mortgage pricing inquiry as competitors nip at their heels
The ACCC has been directed to launch a mortgage pricing inquiry that will examine barriers for consumers looking to ditch the big banks.
“Shop around”: Treasurer slams big banks as small-business lenders seize the moment
The big banks are copping a hiding from the Treasurer this morning and small businesses, seeing an opportunity, are cashing in.
Design done right: The digital banking revolution is only just beginning
Over the past decade, the traditional banking sector has faced immense pressure to ramp up efforts in innovation and user experience.
Buy, buy, buy as pay-later giant Zip charts plans for global expansion
Zip wants to open its purse to kickstart its global expansion plans, unveiling a proposal to obtain stakes in not one, or two, but three companies.
Entrepreneurs welcome $3 billion pledge to help Indigenous business boom
Entrepreneurs have welcomed a $3 billion pledge from big business to increase supply contracts with Indigenous business owners.
“Not good enough”: Pressure on banks over tap-and-go fees as uptake laggs
Tap-and-go payment fees are in the spotlight again with industry groups calling for banks to be "more proactive" about educating customers.
Pressure on NAB to reduce tap-and-go costs as other banks fully implement cheaper routing
Pressure is building on NAB to implement reforms which would make it cheaper for merchants to process tap-and-go card payments.
ASIC approves July 1 business banking reforms, but delays decision on controversial definition
ASIC has given a partial tick of approval to proposed changes to how small businses banking is regulated, but more controversial changes remain in question.
