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New Zealand government ministers say they see no evidence in the kiwi banking system of the sort of "systemic problems" that prompted the Hayne royal commission, but they have agreed to meet regularly.. read more

The annual report of the Financial Investment Review Board, released yesterday, shows approvals for Chinese investment in Australian property halved in the year to June 30, 2017. read more

New Zealand's Co-operative bank will share out a rebate of NZ$2.1 million between 115,000 customers, taking the total rebates paid since 2013 to over NZ$10 million. read more

The UK Treasury and the Bank of England are at loggerheads over how financial services should be regulated post-Brexit. read more

Treasury say cash deposits of any size into a bank account will be fine, even if single cash payments to a business cannot exceed A$10,000 under the planned cap on cash purchases, announced in this mo.. read more

An ASIC surveillance has concluded that Cash Converters Personal Finance Pty Ltd systematically failed to meet regulatory guidelines on debt collection practices. This was particularly so in the way o.. read more

Decades of anti-money laundering controls have barely made a dent the size of "a rounding error in the accounts of profit motivated criminal enterprises", says a New Zealand researcher. read more

This month's Standard & Poor's Performance Index for Australian home loan arrears prime mortgages - covering March 2018 - increased to 1.18 per cent in March, up two basis points from 1.16 per cen.. read more

As expected, Deutsche Bank has announced massive job cuts, although not quite the 10,000 that was feared. read more

The Reserve Bank of New Zealand launches its new Dashboard tool next week. It will be a standalone website designed to make comparing bank financial metrics simpler and easier. read more