Majors turn up high LVR lending 26 February 2014 4:44PM Major banks accounted for almost all the increase in low deposit home loans over the last year, a sign of their willingness to stretch credit criteria to maintain volume growth. read more
UK Select Committee may probe NAB loans 25 February 2014 5:42PM Aggrieved business borrowers with National Australia Bank's UK subsidiary will be looking for a sympathetic hearing from the parliament's Treasury Select Committee on their long-standing complaints. read more
Regulators target inconsistencies in bank capital ratios 25 February 2014 4:30PM In a reminder of its activist work program, the Financial Stability Board has amplified its view of the priorities for the Brisbane Group of 20 summit of political leaders in November. read more
Bank subsidies 'top $11bn' 24 February 2014 4:35PM Subsidies to banks from the Australian government may exceed A$11 billion, analysis by John Watson of Margate Financial Research Solutions suggests. read more
NAB UK conduct still a problem 24 February 2014 4:33PM Having thrown in £1.5 billion over five years to prop up its Clydesdale Bank operation in Britain, National Australia Bank looks like it will have to divert yet more capital to the UK. read more
G20 sticks with banking reform plans 24 February 2014 4:32PM The final communiqué from the meeting of finance ministers and central bank governors of the Group of 20 in Sydney over the weekend suggests there will be no backsliding on the regulatory reform prio.. read more
Ultradata sheds legacy image 21 February 2014 4:33PM A key supplier of banking technology to Australia's mutual financial institutions insists that its offering is "world leading" and by no means a legacy platform, as inferred in a recent Banking Day fe.. read more
APRA expects rules to stick 21 February 2014 4:30PM John Laker, chair of the Australian Prudential Regulation Authority, has defended the more onerous regulation of banks since the GFC, insisting it was appropriate that they met minimum capital and liq.. read more
Finance workers earn more 20 February 2014 4:14PM Wages growth in the finance and insurance sector is skipping along. The Australian Bureau of Statistics estimated hourly rates of pay excluding bonuses increased by 3.1 per cent over the year to June.. read more
Wide Bay earns more from less 20 February 2014 4:11PM Wide Bay Australia is getting its profitability back in order, with a rise in net profit for the six months to December 2013 of A$7.2 million, up from $5.5 million for the previous corresponding perio.. read more