index australia banks

[Link] RBA governor Philip Lowe signals central bank is open to retail digital currencies

Read: 9/12/2021 www.theguardian.com

Australia’s Reserve Bank has flagged support for a retail form of digital currency, with governor Philip Lowe outlining ways that tokens, rather than regular dollars, might circulate more freely in the economy.

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[Link] Westpac admits to charging 11,000 dead customers, ASIC sues for 'widespread' breaches

Read: 29/11/2021 www.abc.net.au

The Australian Securities and Investments Commission (ASIC) has launched six court cases against Westpac for alleged, widespread compliance failures that affected thousands of deceased consumers.

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[Link] Australia's largest bank is getting into cryptocurrency. Here's why its competitors aren't

Read: 4/11/2021 www.abc.net.au

After one major Australian bank this week announced it'll give customers the option of trading crypto currencies, such as Bitcoin, on its existing banking app, you might have expected others to follow. However, they have told the ABC they will not at this stage.

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