Moral hazard still has Murray simmering 25 March 2015 5:28PM The chair of the Financial Services Inquiry, David Murray, has kept the debate simmering over the adequacy of how bank capital is measured. read more
APAC banking sectors vulnerable to bail-in downgrades 20 March 2015 4:42PM Yesterday, in a webcast and subsequent Q&A session, regional and country specialists on the financial sector from Standard & Poor's Ratings Service outlined their Asia-Pacific Banking Outlook.. read more
Comment: White collars and red faces at the yellow bank 19 March 2015 5:28PM The allegations of straight-out bribery of key executives at Commonwealth Bank by a desperate technology provider, if proven, take governance shortcomings at CBA to a new low. read more
Bribery case reaches towards CBA's highest levels 19 March 2015 5:28PM Former senior Commonwealth Bank technology executive Keith Hunter appeared in a Sydney court yesterday charged with accepting bribes to ensure a multimillion dollar cloud computing contract went to Si.. read more
Re-rating the system for a low risk sector 19 March 2015 5:27PM Ratings agency Standard & Poor's believes that Australia is likely to remain one of the lowest-risk banking systems among the 85 that have Standard & Poor's banking industry country risk asses.. read more
Moody's busy on global banking 19 March 2015 5:26PM Moody's Investors Service has taken multiple rating actions following the publication yesterday of its new bank rating methodology. None of these changes will affect Australian banks in the near term. read more
Treasury's updated offshore banking tax rules 13 March 2015 4:46PM Yesterday, The Treasury released draft legislation that it said was intended to modernise the Commonwealth's Offshore Banking Unit regime. read more
Competition, not regulation, to sort out bank sector 12 March 2015 6:09PM Graeme Samuel, former chair of the ACCC, observed that the financial sector was one where "we layer protection upon protection upon protection" in a way not seen in almost any other industry in Austra.. read more
Paper-based payments fading away 06 March 2015 4:42PM Australia's transition away from paper to the digital economy has been underlined in the latest "Milestones Report" from the Australian Payments Clearing Association. read more
RBA to review card interchange fees and surcharging 06 March 2015 4:41PM Earlier this week, the Reserve Bank of Australia's Payments System Board released an issues paper, as the starting point for another review of card payments regulations, in line with a recommendation.. read more