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The Reserve Bank of Australia pointed to a "search for yield behaviour underpin[ning] strong investor demand for commercial property assets, particularly from offshore investors," as a key financial r.. read more

KKR will cap GE Capital Australia's liability for excess bank fees charged over many years, should class actions succeed and the investment house buys GE's unwanted consumer finance arm. read more

The Australian Prudential Regulation Authority's practice of keeping an authorised deposit-taking institution's minimum capital requirements a secret from counterparties will continue, Wayne Byres, th.. read more

"Cashless" debit cards will be distributed to select welfare recipients by Centrelink, as the Australian government moves to trial one element of a plan outlined by mining magnate Andrew Forrest last.. read more

bank.me, with the "me" in a circle, looks set to be a new look for the brand of ME Bank sometime soon. read more

Four of APRA's most senior executives will swap jobs with a colleague, a measure probably intended as a signal to lower ranks to widen their knowledge of the sectors they supervise. read more

ME Bank is counting on reaching aggressive, but organic, growth targets to lift its return on equity, with recent sales success helping to point the bank in the right direction. read more

Independent directors of ADI boards are often too deferential to chief executives or allow chairs to be too domineering, Australian Prudential Regulation Authority deputy chairman Ian Laughlin suggest.. read more

A KKR led consortium yesterday concluded terms for the purchase of GE Capital's consumer finance operations in Australia and New Zealand. KKR said in a media release that the purchase was valued at an.. read more

Banks and business may anticipate a few surprises in the taxation discussion paper the Australian Government plans to release in April. read more