Bendigo searches for sweet spot 14 February 2017 4:42PM A lift in variable rates in December by Bendigo and Adelaide Bank has put the brakes on new lending for the group at a time when it is reaching for asset growth and a lift in returns. read more
Banks reframe claim for second swing over Apple Pay 14 February 2017 4:40PM Four Australian banks have opted to jettison a proposed three-year boycott of Apple Pay and start over. Their new idea: an 18-month boycott to persuade Apple to fold over its limits on access to the N.. read more
AHA estranged from 'monopoly' ATM supplier 13 February 2017 4:59PM A collective boycott by pubs of DC Payments, Australia's dominant, independent supplier of automatic teller machines may be on the horizon. read more
Industry 'well placed' on capital: Byres 13 February 2017 4:57PM APRA won't wait for its international banking regulatory counterparts to finalise Basel IV. A parochial version that conforms to the rhetoric of the Financial System Inquiry's vision will be finalised.. read more
Housing bubble may yet trouble banks 13 February 2017 4:56PM APRA renewed its threat of supervisory intervention, "probably in the form of higher capital requirements" on Friday - directed at banks unwilling to toe the line and curtail growth in residential pro.. read more
Aggressive lending works for AMP 10 February 2017 5:22PM AMP's banking operation may be in a rare industry sweet spot, achieving industry leading returns, a low cost ratio and growing above system. read more
Contract talks uneasy for Genworth 09 February 2017 5:04PM Two more banks may join Westpac in thumbing its nose at Genworth Australia, an entity losing its shine in the mortgage insurance market. read more
'Concerned CBA' finalises advice compo 08 February 2017 5:21PM The final cost of the "Open Advice review Program" at Commonwealth Bank is likely to be in the order of A$23 million, with final offers now in the hands of affected customers. read more
RBNZ gets caretaker governor 08 February 2017 5:10PM Grant Spencer will serve a six month term as acting governor of the Reserve Bank of New Zealand from late this year. Graeme Wheeler, the current governor, has now made it clear that he will step down.. read more
The new mix NAB: big spending, no growth 07 February 2017 4:42PM Lending growth is missing at NAB, and huge growth in costs is bound to drive more staff out the door and focus owner scrutiny toward the bank management. read more