RBA sheds no light on macroprudential agenda 09 February 2015 4:36PM The Australian Prudential Regulation Authority's clamp on rates of growth in lending on residential investment loans attracted no commentary from the Reserve Bank in its Statement on Monetary Policy o.. read more
Credit quality back to early 2008 levels 06 February 2015 4:43PM Asset quality may have improved at a rapid pace over the last quarter across the industry, if the December 2014 trading update for National Australia Bank is any guide. read more
NAB jaws turn negative 06 February 2015 4:42PM Expense growth skipped ahead of revenue growth at National Australia Bank over the December 2014, the bank said in a periodic trading update. read more
Rate cut puts macroprudential policy in play 04 February 2015 4:43PM Australia's so far tentative embrace of macroprudential policy options will be put to the test, the Reserve Bank of Australia has made clear in its latest decision on monetary policy. read more
A$16bn capital top up suits Australian major banks: S&P 04 February 2015 4:41PM Australian major banks might need to raise an additional A$16 billion in capital to meet targets contemplated by the recent Financial System Inquiry, according to analysis by Standard and Poor's. read more
La Trobe lives with higher arrears 04 February 2015 4:39PM New business levels at specialist lender La Trobe Financial are skipping along, with levels approaching those experienced prior to the 2008 financial crisis. read more
Apple reports strong US Apple Pay rollout numbers, no word on Australia 02 February 2015 4:09PM More than 700 banks and other card issuers in the United States have joined Apple's NFC payments service, Apple Pay, since its launch last October. read more
Comment: West-Pac a regional flop 30 January 2015 4:53PM Anyone remember one rationale for the choice of name upon the rebranding of Bank of New South Wales back in 1982? read more
Optus credit insurance policy held invalid for a second time 28 January 2015 4:35PM Trade receivables insurer Atradius has won an appeal in a wrangle with Optus over a credit insurance policy from 2007 that covered money owed to the telco by its customer Bill Express. read more
Under geared and underwhelmed by borrowing opportunities 28 January 2015 4:34PM According to two recent surveys, business demand for credit may be worse than lacklustre, representing a significant restraint on growth for banks in Australia. read more