APRA aims for gold-standard RMBS

Banks will be expected to make vigorous use of mortgage-backed bonds as a long-term funding option to meet liquidity targets, a senior officer of the Australian Prudential Regulation Authority made.. read more

'Funding' focus for financial inquiry

A "key focus" of the forthcoming financial system inquiry "will be addressing the long term challenge for our nation to sustainably fund its economic growth," the treasurer, Joe Hockey, said in a sp.. read more

Infrastructure finance earns PC review

The Productivity Commission will soon conduct an Inquiry "to look at ways to bring down the cost of infrastructure, including facilitating greater private sector involvement in major infrastructure.. read more

Double deposit levy contemplated

The proposed deposit insurance fund may reach A$19 billion over time, a little scrutinised regulation impact statement from the Department of Finance and Deregulation reveals. read more

Westpac's special dividend misdirected

Westpac will have paid out 86 per cent of this year's profit as a dividend, thanks to a second "special dividend" of 10 cents for the year from the bank in the second half. read more

Macquarie adopts short-term bias

"Further improvement" is needed by banks on liquidity management, in the view of the prudential regulator. Given this, it's of interest to survey disclosures from three banks during last week's prof.. read more

Five per cent leverage for Macquarie

Macquarie Bank estimates its leverage ratio at 5.5 per cent at September 2013. It is the first bank to publish this estimate on a capital measure - which has a three per cent minimum - that banks mu.. read more