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Business credit extended by Japanese and Chinese banks operating in Australia increased "considerably faster" than the rest of the market, the Reserve Bank of Australia said in the minutes of its 3 Ju.. read more

Bad debt charges "are likely to rise from cyclical lows," Fitch Ratings said in a review of Australia's major banks. read more

Australian covered bonds might ride the waves of European industry activism and gain the status of an advantaged credit investment. read more

Westpac deputy chief executive Phil Coffey says charging big banks for any funding benefit they enjoy from the Government would only accentuate "systemic risks". read more

Westpac took a turn on Friday to plead its special interest, and to call for action by the Financial System Inquiry "to consider ways that super savings could be encouraged and directed towards bank f.. read more

ANZ has partially reversed a decision to axe its equity derivative business, the bank confirmed yesterday. read more

Australian banks must plan for up to A$6 billion of write-downs and sales of non-core assets to meet capital targets, believes Craig Williams, sell-side equity analyst at Citi Research. read more

If there is any latent interest in an explicit bank tax in Australia, the Customer Owned Banking Association is taking steps to exploit it. read more

A vital secondary distribution network for Australia's banks will keep its present form, with Australia Post protecting far flung post offices for now. read more

A haircut of 15 per cent on loans owed by investors in Timbercorp gum tree schemes probably won't be enough to draw support from the disgruntled investors. read more