Us and them rule Tasmanian banking 08 October 2021 7:05AM Bank of us is right where it wants to be, growing at 10 per cent, hitting an ROA of 0.5 per cent in FY2021 and sitting on a near record full year profit of A$6.1 million. read more
ANZ on BNPL quest 08 October 2021 6:51AM ANZ will be underway on the buy now, pay later bandwagon, some time in the first half of next year. read more
APRA claws at lax lending with taster of macro-prudential 07 October 2021 6:13AM The foggy price leadership from within the industry gives way to decree by the prudential regulator, inviting questions around whose interests are being served. read more
‘Deliberate’ Macquarie clarify mortgage growth mashup 05 October 2021 7:22AM Macquarie responds to Banking Day, saying its mortgage book growth has been "driven by a deliberate, strategic focus on lower risk lending". read more
Deferral data flag-bearer for macroprudential 01 October 2021 7:15AM The two-months’ worth of much anticipated industry data on loan deferrals produced by APRA late yesterday can only add to the belief there will be an early shift to macroprudential controls on bank le.. read more
RBA upends monetary mechanics 29 September 2021 5:19AM ‘Open market operations’ such as reverse repos will now be conducted weekly – on Wednesdays – with banks by the Reserve Bank of Australia. The new system kicks in next week, on 6 October. read more
Bullock monsters mortgage mob 23 September 2021 6:14AM The Reserve Bank’s Michele Bullock yesterday foreshadowed a potential pivot to macro-prudential tools that address serviceability of loans and the amount of credit that can be obtained by individual b.. read more
Illawarra takes it to the big banks 23 September 2021 6:12AM Illawarra Credit Union, and many other small players, have consistent, brilliant Net Promoter Scores. read more
ANZX beats into the unknown 22 September 2021 7:00AM Shayne Elliott aired 'ANZX' wishful thinking yesterday. This is “the reimagining of our purpose; it’s all new tech” – maybe an all new ANZ. read more
People’s Choice dashes for growth 22 September 2021 6:55AM People’s Choice is stepping up its growth aspirations, as the Adelaide-based mutual ADI sorts through terms for a merger with the faster-growing Queensland-based Heritage Bank. read more