So much more to do at NAB 04 April 2014 5:09PM The outgoing chief executive of National Australia Bank, Cameron Clyne, can be considered an innovator in one sense … by "retiring", from August, aged 46 after six years in the job. read more
Blowtorch needed for ancient payment methods 04 April 2014 5:05PM Shredding demand for cheques and melting down more coins are both on the wish list of banks. read more
Lookalike big banks 'lessens systemic risk' 03 April 2014 4:49PM The "joint adoption of business models that are relatively low risk" by Australia's major banks may be a good thing for the industry, as may their concentration toward home loan funding, the Reserve B.. read more
Tackle business lending, advises RBA 03 April 2014 4:49PM The market for small business loans "should be the focus of inquiries regarding competition in lending, rather than the mortgage market," the Reserve Bank of Australia argued in its submission to the.. read more
Stick with four pillars: RBA 03 April 2014 4:48PM The Reserve Bank of Australia has once again endorsed the long-standing "four pillars" policy that in effect prevents any mergers between the four major banks in Australia. read more
Banks must pay for deposit insurance 03 April 2014 4:47PM Banks need to live with paying the fee for deposit insurance, the Reserve Bank of Australia said in its submission to the Financial System Inquiry. read more
Help fund us, cry banks 02 April 2014 5:06PM Measures to help banks source more liabilities feature prominently in the Australian Bankers Association 's submission to the Financial System Inquiry. read more
'Regulate financial regulators' 02 April 2014 5:05PM The Council of Financial Regulators needs to "play a more active and transparent role in assessing the economy-wide impacts of new or changed regulation and coordinating the activities of different re.. read more
ANZ calls for rethink on capital buffers 02 April 2014 5:04PM ANZ wants bank regulators to rethink "buffers against extreme system risk," - in effect calling for the unwinding of APRA's assessment of the four major Australian banks as Domestic Systemically Impor.. read more
Industry plan needed, say foreign banks 02 April 2014 5:03PM The Australian Government should work with the industry to "develop a strategic plan to develop the financial services sector in Australia," the main foreign bank lobby proposes. read more