279

Commonwealth Bank produced a fresh performance of the comedy that is the banking sector's self-assessment of its "cash profit" yesterday. The bank opted to omit an infamous bad debt expense from its.. read more

Bankwest has ceased to be a millstone for Commonwealth Bank and is now producing a credible profit, with much of the past strife with asset quality now resolved. read more

Commonwealth Bank took an indirect shot at APRA's approach to measuring bank capital adequacy yesterday, arguing that on alternative measures used offshore the bank's capital base was among the high.. read more

The Australian banking industry remains "somewhat more exposed to funding and liquidity risks compared with some other highly-rated systems", credit rating agency Standard & Poor's said yesterda.. read more

Price discounting on loans across the industry is chipping away at banks' interest margins, if ANZ's trading update for the December 2013 quarter is any guide. read more

In a foretaste of the sort of arguments that are no doubt about to swamp the Financial System Inquiry, the mutual bank lobby is calling for three tax changes that would work to its benefit and one g.. read more

Asian banks operating in Australia have increased their share of total business credit to almost 7.5 per cent, from around four per cent in 2008. read more

The Reserve Bank of Australia is not accepting any thesis that looser credit conditions are driving the, admittedly patchy, rises in housing prices around Australia. "The upswing in housing asset va.. read more

Bank funding costs "have declined a little relative to the cash rate", the Reserve Bank of Australia says in its latest quarterly Statement on Monetary Policy. read more

Both ANZ and the plaintiffs in the class action over penalty fees are likely to appeal after the Federal Court ruled partly in favour of each party in a piece of landmark litigation delivered yester.. read more