Bank of Australia stories
Australia's fintech sector could add AUD $37 billion to GDP and hit AUD $71 billion in revenue by 2035, if capital and policy align.
Commonwealth Bank launches AUD$90m Future Workforce Program to boost AI skills, retrain staff and open new internal career paths.
Regulation, soft plastics revival and cost-conscious shoppers are driving five packaging shifts set to reshape Australia by 2026.
Openmarkets adds two non-executive directors and a new CFO to bolster governance and growth plans ahead of its proposed Nasdaq listing.
Commonwealth Bank unveils a responsible AI blueprint, detailing governance, safeguards and fraud controls as scrutiny of automation grows.
Commonwealth Bank will raise eligible variable business loan and overdraft rates by 0.25 percentage points from 13 February 2026.
Revolut launches a unified merchant payments suite in Australia, tying in‑person, online and A2A payments directly to its business accounts.
OpenAI unveils an Australia-wide AI push, pairing a Sydney supercomputer campus with skills training and new startup support schemes.
Commonwealth Bank teams with OpenAI on AI and cyber training to close skills gaps for 1 million Australian small business customers.
Anthropic will open a Sydney office within weeks, expanding its Asia-Pacific footprint and deepening AI partnerships in Australia and New Zealand.
Xero launches AI-driven analytics and cash flow forecasting in ANZ, aiming to help small firms anticipate shocks and plan with richer data.
Ripple seeks to secure an Australian Financial Services Licence via BC Payments deal, aiming to scale regulated cross‑border payments in APAC.
Anthropic will open a Sydney office as its ANZ hub, deepening Claude AI partnerships and exploring local compute capacity in Australia.
Warehouse automation shifts from a discretionary cost play to a strategic necessity as labour shortages and weak productivity squeeze ANZ firms.
Colter Bay launches Australian private credit fund with AUD $100m facility to plug an estimated AUD $25bn lower mid-market funding gap.
Swift enlists over 50 banks to launch common rules for faster, clearer cross-border retail payments, with first flows live by June.
V2 AI names new Asia Pacific leaders as it doubles consultants and rides surging enterprise demand for large-scale agentic AI projects.
Banking Circle wins 2026 AP+ committee seat, vowing to champion fintech needs and speed instant payment adoption across Australia.
Anthropic is setting up an Australian office in Sydney as Claude adoption soars, anchoring a wider global expansion and hiring push.
European banks expect AI to shrink staff only slightly, with most projected job losses coming through routine attrition, not mass cuts.