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The Reserve Bank of New Zealand has confirmed its decision on Kiwibank's convertible capital instruments held by Kiwi Capital Funding Limited (KCFL). read more

A couple of measures chosen by APRA to curtail selected forms of housing lending by banks are having their intended effect. Interest-only loans are down to 33 per cent over the March quarter from the.. read more

A couple of carve outs by the Australian government on the scope of the liability levy on five banks amount to a concession to the sector following a noisy, if short, consultation. read more

A new Australian Supplier Payment Code, the work of the Business Council of Australia, is off and running. read more

Consumer satisfaction with the Big Four banks increased to 80.1 per cent in April, well above the long-term average of 74.9 per cent recorded since 2005, according to Roy Morgan Research. read more

Instances of "false witnessing" by financial advisers employed by National Australia Bank have been aired by the Finance Sector Union and Fairfax Media.NAB employees, including Financial Planners and.. read more

An ASIC report drawing together its work into drivers of misconduct observed during its investigation into the wholesale spot foreign exchange market makes disconcerting reading."We observed very few.. read more

The withering of cheque use in Australia is taking on a new dimension, with the value of cheques having "dropped by six per cent in 2016, after largely remaining flat in previous years," the Australia.. read more

The already robust system growth multiple of AMP Bank may last for an extended period, AMP Group's chief executive Craig Meller told an investor day. read more

The "vast majority" of banks and other participants in the foreign exchange market are expected to agree and adhere to a Statement of Commitment regarding the FX Global Code, released last night. read more