A 'tightening of credit': RBA

The drawn out reset of monetary policy in Australia has reached a threshold that suits one monitor, the Reserve Bank of Australia. read more

Introverted banks unwary amid system risks

Individual banks are "more likely to focus on their own risks, rather than the risks to the system as a whole," Reserve Bank of Australia governor Philip Lowe said last night. Lowe was talking lending.. read more

Core SAPs Kiwibank earnings

An impairment of NZ$90 million on an overhaul of the bank's core banking platform has drained the profit of Kiwibank over the year to June 2017. Rumours of difficulty with this project - to replace an.. read more

Whitfield first hire in CBA board shuffle

Rob Whitfield, the former head of Westpac Institutional Bank, will be a nominee for the board of Commonwealth Bank, the Financial Review reports.CBA will also tell investors that three directors will.. read more

Too big to fix? CBA fails its own reporting

A leaked confidential review of CBA's institutional banking and markets division appears to show that there has been non-existent or minimal transaction oversight to senior bank executives. read more