BEAR legislation a step up on exposure draft: KPMG 20 October 2017 6:29PM The banking sector and its advisors have had their first look at the proposed legislation, introduction into Federal Parliament, with a number of differences immediately apparent. read more
Liberty heads toward 'bank' capability 20 October 2017 6:01PM The increasingly diversified non-ADI lender, Liberty Financial has reported a pre-tax consolidated profit of A$76.3 million, a four per cent rise on last year's result ($73.7 million). read more
MyState modest profit rise for FY 2017 20 October 2017 6:00PM At the MyState Limited annual general meeting, company chairman Miles Hampton reported that the group's statutory profit increased from A$28.3 million to A$30.1 million. read more
MyState calls for levelling of the banking playing field 20 October 2017 5:56PM MyState Limited chairman Miles Hampton, speaking at the funder's annual general meeting, has called on the government and the regulators to limit the unfair cost advantage delivered to the major banks.. read more
ANZ expands Apple Pay wallet to snare eftpos customers 19 October 2017 5:34PM Of all the Big Four banks, ANZ remains alone in its willingness to deal with Apple Pay and is therefore the only major bank that can utilise the new technology, as it has done by making mobile payment.. read more
Housing affordability heads up, mortgage arrears down 19 October 2017 5:33PM Moody's Investors Service has warned that housing affordability for new borrowers - measured as the proportion of household income needed to meet mortgage repayments - deteriorated on average across A.. read more
ANZ to exit Philippines credit cards business 19 October 2017 5:31PM The sell-down by ANZ Group of its non-core, non-home market businesses continues apace with the announcement that ANZ has agreed to sell half of its 40 per cent stake in the Philippines based Metroban.. read more
Cybersecurity tops chief risk officers' list of worries 19 October 2017 5:30PM The chief risk officers and their teams within financial services firms are primarily concerned with cybersecurity and data-related risks at their firms, according to the eighth annual global bank ris.. read more
BOQ moves away from simple home loan model 13 October 2017 7:00PM The long haul to bring Bank of Queensland up to at least having a shot at being competitive with its peer group is starting to pay off, according to its CEO. read more
BOQ climbs back into contention 13 October 2017 6:49PM Bank of Queensland has reported a solid result for its 2016/17 financial year, with a statutory net profit after tax of A$352 million. read more