Us and them rule Tasmanian banking

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

ANZ will be underway on the buy now, pay later bandwagon, some time in the first half of next year. read more

Deferral data flag-bearer for macroprudential

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

‘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

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

ANZX beats into the unknown

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

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