House Economics Committee pushes banks on CCR, eftpos 08 December 2017 6:54PM The House of Representatives Standing Committee on Economics yesterday tabled its third report on reforms of the Australian banking sector, making the case for forcing the issue on the routing of sale.. read more
Credit obligations still tripping up banks 08 December 2017 6:53PM Breaches of their provision of credit obligations by banks remains a key risk area, the Banking Code Compliance Monitoring Committee's annual report for 2016/17 reveals. read more
Prospa following Yellow Brick Road 08 December 2017 6:51PM Yellow Brick Road has added online lender, Prospa, to its lending panel to diversify its appeal to small business customers, the company said yesterday. read more
Senate Committee report on farm loans pre-empts Royal Commission 07 December 2017 6:01PM The Senate Select Committee on Lending to Primary Production Customers has published its report "on the regulation and practices of financial institutions in relation to primary production industries,.. read more
Comment: Senators Hanson, Williams and Co deliver as expected 07 December 2017 6:00PM The timing of the report by the Senate Select Committee on Lending to Primary Production Customers will no doubt raise eyebrows, and its share of outrage. read more
APRA moves ahead on Financial Claims Scheme 07 December 2017 5:58PM APRA received just four submissions from reporting entities and industry associations to their consultation over the proposed data collection scheme for its Financial Claims Scheme. read more
APAC club loans favour ANZ 07 December 2017 5:57PM Among the highlights of this month's Thomson Reuters LPC's monthly loan league tables were that ANZ continues to shine in the Asia-Pacific corporate lending market, edging out most of the giant Chines.. read more
Fintechs fail to fire 06 December 2017 6:00PM The fear that fintechs would be able to scoop up big banks' most valuable customers has faded as they have struggled to achieve scale in the face of high switching costs, says a World Economic Forum p.. read more
APRA stats shine light on ADI's property exposures 06 December 2017 5:58PM APRA's stats for ADIs with greater than A$1 billion in housing loans show that new home loans approved in the September quarter hit $98.2 billion, an increase of 3.3 per cent over the same quarter las.. read more
Macroprudential measures shine through APRA stats 06 December 2017 5:56PM APRA published its quarterly information on the financial performance, financial position, capital adequacy, asset quality, liquidity and key financial performance ratios for the September 2017 quarte.. read more