Banking Royal Commission shares mortgage broking research 23 February 2018 5:46PM Ahead of its first round of hearings next month, the Royal Commission into Misconduct in the Banking Superannuation and Financial Services Industry has published its second background paper, this time.. read more
NAB's green RMBS a big deal for investors, ratings agencies 23 February 2018 5:44PM The market for 'green' residential mortgage-backed securities in Australia will likely broaden following the issuance of the first such deal by National Australia Bank last week. read more
Next generation digital bank in crowdfunding mode 22 February 2018 5:22PM Xinja, in the process of building what it says will be "the first Australian, independent entirely digital bank" - designed entirely for mobile - has been granted an Australian Credit Licence by the A.. read more
eftpos appoints Westpac's Stephen Benton as CEO 22 February 2018 5:20PM After a seven month search, Stephen Benton has been named as the next chief executive officer of eftpos, Australia's domestic debit card payment system. read more
CUA keen to see capital funding reforms 21 February 2018 5:57PM As another banking inquiry gets underway, Rob Goudswaard, chief executive officer of CUA, has pointed out that at least one has been of benefit to his sector. read more
Reporting expected credit losses adds complexity 21 February 2018 5:52PM New reporting standard IFRS 9 shifts the accounting for credit losses in financial reporting to a more forward-looking "expected credit loss" impairment model, with earlier recognition - but this is n.. read more
NAB takes lead on positive credit reporting 20 February 2018 5:22PM In line with its announcement made back in October 2017, NAB yesterday commenced Comprehensive Credit Reporting for personal loans, credit cards, and overdrafts. read more
Suncorp closing digital gap at a cost 16 February 2018 5:20PM Despite posting strong first-half top line growth of 2.5 per cent, Suncorp's net profit dropped 15.8 per cent for the six months to December 2017, compared with the prior corresponding period. read more
ANZ prices first Sustainable Development bond 16 February 2018 5:19PM ANZ has launched and priced its first Sustainable Development Goals bond, selling into the European wholesale debt capital markets, and raising €750 million. read more
'One-stop' Financial Complaints Authority legislation passed 15 February 2018 5:26PM The Bill to establish an Australian Financial Complaints Authority has completed its passage through Federal Parliament and will be in operation no later than 1 November 2018. read more