Ratings downgrades mooted for majors and Macquarie 14 November 2013 5:48PM Any inference that there may be less explicit government support for banks in a crisis may warrant a cut in the long-term credit rating of five banks, Standard & Poor's believes. read more
APRA aims for gold-standard RMBS 12 November 2013 5:43PM 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 11 November 2013 6:00PM 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 11 November 2013 5:59PM 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
Unhappy Bankwest borrowers find funding 08 November 2013 5:39PM A "wealthy international family" will be the funder of the planned class action by aggrieved business borrowers of Bankwest against Commonwealth Bank. read more
Double deposit levy contemplated 07 November 2013 5:14PM 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
Alternative customer counts for Bank of Melbourne 06 November 2013 5:40PM Westpac has put out more rosy estimates on the progress of its Bank of Melbourne brand. The bank estimated BOM's market share at 4.2 per cent at September 2013, up from 3.5 per cent one year ago and.. read more
Westpac's special dividend misdirected 05 November 2013 5:46PM 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 04 November 2013 5:45PM "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 04 November 2013 5:43PM 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