KPIs remoulded into 'Needs' analysis 19 July 2018 3:17PM Old habits are hard to kick in Australian banking, with KPIs at a number of big banks rebadged as "behaviours measures, focused on sales and revenue," the Finance Sector Union told the Royal Commis.. read more
Equity capital market too fickle for banks 12 July 2018 4:19PM Planning for emergency capital raisings - based in faith in the stock market - are becoming increasingly misplaced, at least as far as Australia's banking sector is concerned. read more
Shadows over NAIF finance decisions 10 July 2018 4:12PM The board of the Northern Australia Infrastructure Facility will publish expected repayment rates, rate of return and length of investment to support investment decisions. read more
United on hunting ATMs 09 July 2018 4:25PM ATMs are looking disposable, most of at all at Hunter United Credit Union. read more
Access fuss in store for RBA 09 July 2018 4:21PM Access is the first of "two issues in the Australian payments system that are potentially going to be of interest to financial regulators," as the fintechs and neobanks flurries recur, Michelle Bulloc.. read more
Rabobank non-compliant with Sedgwick 09 July 2018 4:19PM Rabobank's remuneration structure "is still predominantly driven by sales and is not yet consistent with the recommendations of the Sedgwick Review," counsel assisting told the Hayne royal commission.. read more
Bankwest Ruddy all over 09 July 2018 4:17PM Valuations at Bankwest "were lax … and guarantees were signed before letters of offer," the Hayne royal commission has heard. read more
CBA 'pauses all new account openings' 09 July 2018 4:16PM Another super sales mix-up. ANZ and Commonwealth Bank are making a combined community benefit payment of A$3 million and both banks are stuck with another enforceable undertaking with ASIC. read more
ANZ hastens branch closures 06 July 2018 4:32PM More than 100 ANZ branches are set to close over the next two years, the Hayne royal commission heard yesterday. read more
Property trading problematic 06 July 2018 4:31PM The ratings downgrade of SAI Global Holdings I (Australia) Pty Ltd by Standard & Poor's reflects wider issues with the banking and credit supply chain in Australia. read more