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Macquarie responds to Banking Day, saying its mortgage book growth has been "driven by a deliberate, strategic focus on lower risk lending". read more

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

‘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

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 Credit Union, and many other small players, have consistent, brilliant Net Promoter Scores.  read more

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 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

A nip at the provision line accounts for pretty much all the profit for deposit-heavy Heritage Bank over the year to June 2021. read more

The $251 million write-down on eTrade in its first half 2021 result was the prelude to the final act of ANZ's shambolic exit from a fintech folly. read more

NO! NO! NO!   Ross McEwan, the NAB CEO, was in no mood for crypto-nonsense at a hearing with the House Economics Committee yesterday. read more