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ANZ and Westpac have had no trouble meeting their obligations under new liquidity coverage ratio rules, with both banks reporting ratios in excess of the minimum requirement. However, the new rule is.. read more

Commonwealth Bank will only pass on 20 basis points of the Reserve Bank's 25 bps reduction in the cash rate. CBA announced yesterday that from May 13 its standard variable rate would fall to 5.45 per.. read more

Westpac has launched a major capital management initiative aimed at boosting its capital ratio - but analysts at yesterday's half-year results briefing questioned whether the bank was doing enough to.. read more

Westpac has raised its loan serviceability hurdle, increasing the minimum assessment rate 30 basis points from 6.8 per cent to 7.1 per cent, as part of a move to tighten its mortgage underwriting. read more

Westpac reported a net profit of A$3.6 billion for the six months to March - a fall of 0.4 per cent from the previous corresponding period. read more

ANZ has announced the sale of Esanda Dealer Finance and will issue an information memorandum to potential bidders later this month. read more

A number of mortgage lenders are offering three-year fixed rates below their one and two-year rates. Comparison site Mozo reports that around 20 lenders cut three-year rates last month as they sought.. read more

Small businesses will receive the same protection from unfair contract terms as consumers, under changes proposed by the Government. Last week Treasury issued a draft bill for consultation, amending t.. read more

Annual growth in residential property investor loan balances hit 10.4 per cent in March - up from an annual growth rate of 10.1 per cent the previous month. Lenders might be about to find out what the.. read more

Debt buyer Collection House has formed a partnership with US private equity fund manager Balbec Capital to launch a credit trust. read more