Lenders slow to move on mortgage rates 25 March 2020 5:29PM Mortgage lenders are still catching up with the cash rate cut announced on March 3, with many yet to respond to last week's RBA announcement on rates. read more
Credit investors feel the pinch as liquidity tightens 25 March 2020 5:28PM Investment research house Morningstar has underlined the liquidity squeeze in credit markets, in a report that says some fixed income managers are increasing their sell spreads to unprecedented levels.. read more
SMSF borrowing in the spotlight again 25 March 2020 5:26PM The Tax Office has stepped up its monitoring of property development arrangements involving self-managed super funds, saying it is concerned that such arrangements may be inappropriate. And it is payi.. read more
Regulators regroup 24 March 2020 5:07PM Banks and other authorised deposit-taking institutions will have to report to APRA and publicly disclose the nature and terms of any repayment deferrals and the volume of loans to which they are appli.. read more
Healy follows Baird out NAB door 24 March 2020 5:04PM NAB has lost its second senior executive since new chief executive Ross McEwan joined the bank. Chief customer officer - business and private banking, Anthony Healy, is leaving after 10 years at the b.. read more
Insolvency rules relaxed for 6 months 23 March 2020 5:23PM Directors will be relieved of their duty to prevent insolvent trading.Personal bankruptcy will be a little easier to evade as well. read more
CBA cuts everything but the SVR 20 March 2020 5:14PM The recent pattern is home loan rate cuts from three, usually four, big banks on the day the RBA lowers the cash rate. Then cuts to business rates. Then a final and coordinated round of interest rate.. read more
APRA provides capital relief 20 March 2020 5:13PM Bank capital is a new policy lever, and APRA has given banks approval to use their capital buffers to fund lending, to help support the economy. read more
Corporate refinancing risk looms 19 March 2020 5:12PM Australian corporate bond spreads have risen by an average of about 40 per cent, or 33 basis points, over the past three weeks, prompting Macquarie Securities to caution that credit markets could be d.. read more
Committee green lights AML/CTF amendments 19 March 2020 5:09PM A Senate committee has recommended amendments to anti-money laundering and counter-terrorism financing legislation to allow financial institutions to use third parties for customer identification and.. read more