Friends and foe rock banking pillar

There may be a dash for the exits from the rowdy sanctums of the Australian Bankers Association, with more than one bank jostling for first mover advantage and the accolades that may come from a selec.. read more

CBA panel bring history to APRA inquiry

APRA rolled out a trio of well known scrutineers on Friday to turn risk and culture matters at Commonwealth Bank head over heel via an eight-month inquiry. The Australian Prudential  Regulation A.. read more

Byres chastises bigger banks on lending

Application of the responsible lending obligations of a number of banks may be looking shaky, if a survey by APRA chair Wayne Byres on Friday is any guide.In a speech to a Finsia forum, Byres took the.. read more

Swap to the cash rate: Debelle

It is vital for banks and their business borrowers to look at moving away from the (reformed) bank bill swap rate, Guy Debelle, deputy governor of the Reserve Bank of Australia told a Finsia forum on.. read more

Households chewing through savings

The household saving ratio fell for the fifth consecutive quarter on a seasonally adjusted basis, the national accounts for the June 2017 quarter show. This was reflected in a softening of growth rate.. read more

Paymark finds a buyer

Ingenico appears to be the buyer of the Paymark eftpos business in New Zealand, after a drawn out sale process. read more

LVR lending limits still suit RBNZ

Macro-prudential policy in New Zealand will be relied on for a while yet as it is "valuable in addressing financial stability risks", Graeme Wheeler, governor of the Reserve Bank of New Zealand said y.. read more

CBA yields to APRA oddbods

There is no word from APRA on how many experts will be appointed to the independent prudential panel set to tie up Commonwealth Bank's management and board with a "broad" inquiry into culture and cond.. read more

Glimmers of industry trust unearthed for ABA

Three hot priorities for consumers in a recent study for the ABA were "removing individuals from the industry for poor conduct", "strengthening the commitment to customers in the Code of Banking Pract.. read more