ANZ, CBA settle BBSW 'fixing' claim 23 March 2021 5:50AM ANZ and Commonwealth Bank have reached agreements with plaintiffs involved in a United States class action over alleged manipulation of the bank bill swap rate. read more
Government extends small business credit relief 22 March 2021 5:40AM Treasurer Josh Frydenberg announced on Friday that the government will maintain the exemption from responsible lending obligations for lenders providing credit to existing small business customers. read more
OBU retreat underscores a bigger problem 19 March 2021 6:15AM Changes to Australia’s offshore banking unit regime will harm the country’s already-flagging competitiveness as a financial centre in the Asia Pacific, a leading industry body has warned. read more
RBA keeping BNPL no-surcharge under review 19 March 2021 6:13AM The Reserve Bank is in discussions with merchants, financial institutions and other stakeholders about criteria or thresholds to determine the point at which it may be in the public interest to requir.. read more
Pepper gets another sharply priced RMBS away 19 March 2021 6:12AM After raising a record amount of funding through the securitisation market last year, Pepper Group was back in the RMBS market this week with a $750 million issue that was notable for lower pricing th.. read more
Earlypay reports Greensill exposure 18 March 2021 6:01AM Finance company Earlypay (formerly CML Group) has disclosed an exposure to the failed supply chain finance company Greensill Capital, saying it is in the process of refinancing the affected contracts. read more
Financial stress levels worsen 17 March 2021 5:15AM The number of people experiencing financial stress is increasing, especially among the self-employed, despite the strong economic rebound. read more
US Treasury yields on forced march 17 March 2021 5:13AM Bond yields will keep rising to 2 per cent and possibly higher this year, Macquarie Securities forecasts. read more
Home buying intentions still strong 17 March 2021 5:12AM Home buying intentions increased in February to the highest level since the Commonwealth Bank’s Household Spending Intentions data series started in 2015. read more
BOQ completes equity raising 16 March 2021 5:15AM Bank of Queensland has completed the final stage of a A$1.3 billion equity raising to fund its acquisition of ME Bank, announcing yesterday that the retail component of the entitlement offer closed af.. read more