Mortgage loans churn double that for SMEs 10 April 2017 4:05PM Loan switching rates are a mixed bag, in single digits for credit cards and small business loans, but around twice that rate on home loans according to NAB data. read more
Sedgwick review soon a wrap for ABAÂ 10 April 2017 4:04PM A pair of reports critical to the "Better Banking" reform program of the Australian Bankers Association will slide into the public domain by the end of the month. read more
APRA imprint an elusive force in Sydney and Melbourne 10 April 2017 4:02PM Improved clearance rates over the weekend point to business as usual in the property market.It's one reason APRA's latest turn of the vice on banks' loans to property investors is "unlikely to substan.. read more
Affluent unperturbed by interest only vice 10 April 2017 4:01PM A socio-economic analysis of the users and abusers of the tax break that is negative gearing on residential investment property casts a doubtful spotlight on the effect APRA's tightening of the vice o.. read more
Small ADIs nudge Alliance Bank queue 10 April 2017 3:59PM Nova Credit Union's members are today likely to confirm a step toward a union with Bendigo and Adelaide Bank under the latter's Alliance Bank model. The bank drew four credit unions under its wing in.. read more
Byres measures time and trouble on a housing bust 06 April 2017 3:42PM The iconoclastic take on home loan concentration risks in banking is now the orthodoxy. A switch in thinking outlined by APRA chair Wayne Byres yesterday defines the outlines of a future crisis that f.. read more
Stretched bank balance sheets worry Lowe 05 April 2017 3:48PM More activism is probable on lending standards, RBA governor Philip Lowe told a Melbourne dinner last night. Taking on a public relations job so far side-stepped since APRA tightened its banking vice.. read more
Military mutual ambushed by APRA cap 05 April 2017 3:42PM Australian Military Bank is a rare ADI with growth in loans for investment property purposes that exceeds APRA's ten per cent cap, a rule that has been in place now for around a year.John Ford, chief.. read more
Partner search seeks wealth options for ANZ 05 April 2017 3:41PM ANZ will take its time, maybe into next year, to work up a new ownership model for its wealth and insurance arm, one the bank spelled out yesterday as a "partnership" following what, more than likely,.. read more
Eight lenders chastised as ASIC takes prudential turn 04 April 2017 3:39PM Eight lenders, including three major banks and a couple of names rarely pinged by ASIC, may not even be guilty of the shortcomings alleged. read more