Flexible Phil works it out

"The supply side of the labour market is turning out to be more flexible than we had earlier expected," Phillip Lowe told an RBA board dinner in Sydney last night. read more

Lowe seeks fiscal help

Monetary policy settings "will leave us short", so the RBA is drumming for a fiscal stimulus and "structural policies". read more

NSW mutuals fix merger mix

Endeavour Mutual Bank and Sydney Credit Union will push on with a merger, the boards of the two mutual ADIs announced at the end of last week. read more

Doors closed to fintechs

The trust deficit in banking may have a buddy in fintech land, raising questions over business models depending on the "open banking" principles that will soon apply in Australia. read more

Jane Hume carries financial chalice

Two junior ministers will share responsibility for financial services in Scott Morrison's new government. Michael Sukkar returns as assistant treasurer and also minister for housing, while Jane Hume w.. read more

Operational risks elevated at ANZ

ANZ in New Zealand has been rebuked by the Reserve Bank, with the RBNZ on Friday announcing that it "revoked ANZ Bank New Zealand Limited's accreditation to model its own operational risk capital requ.. read more