ANZ locks down on capital burn 20 July 2021 7:08AM Almost carefree about Covid, ANZ is taking the easy road to splurge A$1.5 billion of capital via an on-market share buyback. read more
APRA leads in sorting deferrals fever 20 July 2021 7:02AM A watered down version of APRA’s tolerance for the upswing in forbearance and loan deferrals across the industry is being prepared. read more
Westpac trifles with credit in Covid response 19 July 2021 6:11AM The Sydney Covid lockdown probably has another 10 weeks to run and Westpac, out on their own for now, are dangling a $15,000 overdraft. read more
Moody’s rate Zip credit advance Aaa 19 July 2021 6:09AM The distrust and doubts overlay in the Moody’s Investors Service take on the credit worthiness of Zip Master Trust has been waylaid. read more
FAR out, Hayne echo bothers boards 19 July 2021 6:07AM Directors’ fees will soon be in seven figures at many bigger banks. The Financial Accountability Regime is BEAR on steroids coming for directors and thousands more of the banking elite. read more
Banking braces for Sydney curfew 09 July 2021 7:20AM Three months loan deferrals will soon be forever deferrals as the lawless Sydney culture drives the city in the direction of an extended coronavirus lockdown and curfew conditions. read more
ARCA, ABA review Codes 06 July 2021 6:22AM The treatment of joint accounts and the sensitive topic of financial abuse feature in an overhaul of the Credit Reporting Code. read more
Banks and RBA end TFF liquidity mission in style 05 July 2021 6:11AM The Reserve Bank of Australia’s balance sheet has effectively doubled in size over the short life of the Term Funding Facility. read more
Banks back away from provisions hack 28 June 2021 6:18AM A fragmented and reactionary response by banks to the Covid wildfire in greater Sydney is preparing the industry to reverse the reversal of provisioning that was the highlight of the most recent profi.. read more