Canberra leads banks to loosen lending via QE 28 October 2019 5:38PM Banks may soon be direct funded by the RBA, with QE flowing through the main artery of the credit system and intended be advanced readily as loans to business for productive purposes.Get set for "fund.. read more
Cash transaction cap drifts in Senate 28 October 2019 5:31PM A bill to limit the use of cash was passed in the House of Representatives last week and will now be subject to a Senate committee review before it is dealt with in the upper house. The bill has attra.. read more
eftpos to launch public APIs 25 October 2019 5:20PM Payments network eftpos announced it will launch a public API program in early 2020 and is partnering with Stone & Chalk to build closer relationships with Australia's fintech community. read more
bcu and P&N vote to merge 24 October 2019 5:04PM The merger of P&N Bank and bcu has received the all clear from members of both mutual ADIs, with their amalgamation set for early next month. read more
Brief: Former BOQ boss joins BNK board 22 October 2019 4:54PM Former Bank of Queensland chief executive Jon Sutton is replacing retiring Derek LaFerla at BNK. read more
Brief: Eyebrows being raised over bank directors 21 October 2019 5:07PM RBNZ governor Adrian Orr is not comfortable with the potential conflicts of interest when bank directors sit on the boards of both an Australian parent bank and its New Zealand subsidiary. read more
Falling prices and drop in investor demand behind lending decline 18 October 2019 5:07PM The decline in lending for investments home loans is "is primarily a decrease in investor demand given falling housing prices, more than the impact of tighter lending conditions," Guy Debelle, deputy.. read more
86 400 backtracks on rates 14 October 2019 5:07PM Burning capital, 86 400 has cut its bonus saver rate. read more
Ravlic lands Vulture City 14 October 2019 5:02PM Tom Ravlic shines a criminology lens on banking and the Hayne royal commission in his book Vulture City. read more
Briefs: NAB, ANZ, CBA PERLS and Latitude 14 October 2019 4:57PM It's a tad early for exit interviews, yet reflective CEOs of NAB and ANZ spoke with this feel to a degree in features in the national newspapers at the weekend. read more