ANZ seizes the initiative

ANZ yesterday turned the banking war from one of words into a war of actions. Emotionally, Australians now dislike the banks intensely, but banks can win with actions like those of ANZ, which recently.. read more

Liquidity ratio problem unresolved for G20

The G20 meeting starting today in Seoul will not sign off on the final Basel III regulatory regime, with a key clause affecting Australia still to be fixed. This concerns how planned liquidity ratio.. read more

RBA: bank interest margins moving sideways

A new Reserve Bank of Australia chart gives both banks and their critics new ammunition. The RBA chart shows that bank interest margins are far lower than their pre-2000 level, but also that they ar.. read more

Memo to CEOs: Leave South America out of it

Last Friday, Commonwealth Bank CEO Ralph Norris suggested proposed banking reforms were similar to "cargo-cult-type policies in places like Argentina". Based on this and other evidence, your bank C.. read more

Hockey unveils price signalling bill

Federal shadow treasurer Joe Hockey yesterday unveiled plans for a Opposition bill to let the Australian Competition and Consumer Commission act against so-called "price signalling". His plan adds to.. read more