KPMG to steer payments project 02 July 2013 4:43PM KPMG will be the program manager for the real-time payments program being coordinated by the Australian Payments Clearing Association. read more
Same old Aaa vulnerabilities, says Moody's 02 July 2013 4:42PM A "sudden-stop" scenario regarding access to offshore funding is one of the chief vulnerabilities for banks "and, by extension, the Australian government", says Moody's. read more
More time to review OBU tax dodge 01 July 2013 4:50PM Banks have won more time from the Australian government to negotiate the detail of planned changes to the offshore banking unit regime. read more
APRA exec promoted to politburo 01 July 2013 4:49PM The government has for the first time picked an existing employee of APRA to become one of its three governing "members". read more
Banks 'saviour' revisits 2008 01 July 2013 4:46PM The details of the Australian government's actions in late 2008 in shoring up the banking industry may become a fresh point of political discussion, with the restored prime minister, Kevin Rudd, emp.. read more
Bank of Sydney outflow continues 01 July 2013 4:42PM The Cypriot heritage of Bank of Sydney continues to have an impact on the bank's retail deposit base. A further outflow in May represented the fifth straight month of decline. read more
Yellow Brick Road sells new shares at a premium 01 July 2013 4:40PM Yellow Brick Road has sold A$10 million in new shares, mainly to Macquarie Bank. read more
Custodians need more capital 01 July 2013 4:38PM Banks that provide asset "custody" as part of an investment services business will have to meet new financial requirements outlined by ASIC. read more
iGrin resumes P2P lending 27 June 2013 4:39PM Peer-to-peer lender iGrin is coming out of hibernation, with backing from some West Australian investors. read more
Pillar 3 reports needed sooner 27 June 2013 4:36PM Banks will have to make a more detailed disclosure each quarter, both regarding their capital adequacy and the make-up of their capital. read more