75

Deposit rates are headed for zero, but in the interests of mitigating bank funding risk, the RBA will increase the size of the Term Funding Facility and make the facility available for longer. read more

The diminished demand for cash – via exaggerated concerns over the Covid-risks from handling grimy banknotes and coins – is real but overstated. And from this week the Reserve Bank pledges to “work to.. read more

Will the TFF be renewed and even re-priced? Soon it will be time for the RBA to tell. read more

With a messy mix of rising cost ratios and a declining market share, Suncorp Bank is showing “the early signs of improvement”, or so group CEO Steve Johnston says. read more

RACQ Bank has lost its CEO, Michelle Bagnall, who is headed for Victoria as the new CEO of Bank First. read more

Ten million new businesses must be ushered into view to replace the 2 million blown off course so far by the coronavirus but NAB is barely in sight as a contender to serve this market. read more

Potential claims from 'credit exposed classes' - lenders’ mortgage insurance, trade credit and landlords’ insurance – will define the QBE Group insurance profit in the period ahead. read more

The loan loss rate doubled at CBA over FY2020 – to 33 basis points from 16 bps in 2019 – but to a level still less than half the loss ratio of 73 bps in FY2009 in the washup of the GFC. read more

The finance sector is hit almost as hard by the pandemic as the rest of the economy, with firms drawing out payment terms and cutting payroll. read more

Changing habits and resilient business models are testing the place of cash payments and the utility of a shrinking ATM fleet in the Australian payments landscape. read more