Fitch outlines Basel III compliant Tier 2 instruments 23 May 2014 3:24PM Fitch Ratings says two distinct structures have emerged for Basel III-compliant Tier 2 instruments issued by New Zealand banks, with equity conversion expected to be the primary method of loss absorpt.. read more
House prices stable, arrears low 22 May 2014 4:50PM Arrears levels among the collateral loans underlying Australian prime residential mortgage backed securities are some of the lowest in the world, according to Standard & Poor's Ratings Services.. read more
Credit reporting regime reduces exclusion 22 May 2014 3:34PM Three months since comprehensive credit reporting went live in Australia, the Australian Retail Credit Association has reinforced the critical role CCR plays in the robustness of Australia's retail cr.. read more
Mortgage brokers continue to build market share 22 May 2014 3:33PM Mortgage brokers continue to build their market share with a 41.5 per cent lift in loans provided across Australia to A$34.1 billion during the March quarter. This compares with loans of $24.1 billion.. read more
Palmer senator-elect mulls tax on big banks 22 May 2014 3:32PM The well-used politician's art of floating a thought bubble and standing back has been mastered by Jacqui Lambie, the Palmer United Party's Tasmanian senator-elect. Speaking on ABC's 7.30 progra.. read more
Banks heading for eight per cent EPS growth for the full year 19 May 2014 3:24PM In their wrap of the first half 2014 reporting season for Australia's commercial banks, the equities research analysts at Credit Suisse have outlined what they see as the "fundamental trends" for the.. read more
RBA takes more account of housing market 16 May 2014 3:36PM Housing has "genuinely become more important to central banks", said Luci Ellis, head of the Reserve Bank's financial stability department, addressing the CITI Residential Housing Conference in Sydney.. read more
Australian mortgage pools remain stable 16 May 2014 3:35PM The Australian mortgage market has been characterised by higher prepayment rates than in other countries, according to a new report by Fitch Ratings. read more
More banks sign up to PEXA's e-conveyancing system 16 May 2014 3:35PM Suncorp, bankmecu and Teachers Mutual Bank have all joined online property exchange, PEXA, as it continues to work towards a national network of registries, banks and financial institutions. read more
ASIC to monitor advertising, responsible lending 15 May 2014 3:29PM The Australian Securities and Investments Commission's focus on consumer credit will see the agency target advertising; responsible lending; loan fraud; general licence obligations relating to conflic.. read more