Financial conditions easing, says RBA

There has been "a noticeable easing in financial conditions" since the start of the year the minutes of the most recent monetary policy meeting of the Reserve Bank of Australia board observe. read more

ME Bank launches tier two capital offer

ME Bank will press on with a Basel III compliant tier two hybrid capital raising, aiming to raise a minimum of A$150 million of tier two capital with notes should be rated Baa2 by Moody's Investor Ser.. read more

NAB ripped by UK hedge

NAB expects to take a further £245 million in provisions for long-standing "conduct" issues in its UK business. read more

APRA defers decision on conglomerates

The Australian Prudential Regulation Authority will defer a decision on its planned framework for the supervision of conglomerate groups until after the release of the recommendations of the Financial.. read more

ABA still aims for harmonised capital ratios

The Australian Bankers Association will continue to work on development of harmonised capital ratios, a topic of some controversy, if analysis produced by contributors to Banking Day is on the mark. read more

Bendigo and mutuals Alliance taking shape

The shape of a plan by a group of small credit unions to blend their businesses with Bendigo and Adelaide Bank is emerging, but questions remain over the future of equity interests of credit union mem.. read more

Enlarge buffers, insists Murray

It is "generally recognised that capital buffer [of banks] should be larger," David Murray, chair of the Financial System Inquiry, said last night at a public forum in Melbourne. read more