Lending hard for ANZ

ANZ will continue going after more owner-occupier borrowers, but CEO Shayne Elliott warns all borrowers will have to jump through higher hoops as the bank applies " a level of caution that will make i.. read more

B zeroes wrench bank ratings

The era of Aa and AA graded Australian bank credit ratings is almost over. The reporting schedule this week is ANZ, NAB, Macquarie and Westpac next Monday. A CBA update, who knows when.  read more

PayID jitters as NPP dawns

Macquarie Bank will be a noteworthy no show on the New Payments Platform when the long awaited industry reform opens up to the public by the middle of this week. Tuesday is the day slated for the prin.. read more

Multi-brand stagger for NPP

About four in five bank accounts in Australia will be reachable under the new real time payments platform "within a few weeks after the launch", whenever that may be, NPP Australia said. Customers of.. read more

Hayne stirs disdain for Turnbull's bank inquiry

The selection of a conservative former justice of the High Court, Kenneth Hayne, as the sole commissioner of the planned royal commission into misconduct in financial services was announced on Friday,.. read more

CBA handicaps CEO list

A trio of offshore bankers are on the short list for the post of chief executive of Commonwealth Bank. One or two Australian finance executives also feature on a list believed to feature no more than.. read more

Liberty aligns with insurance broker

Liberty Financial has taken a "strategic stake" in insurance intermediary ALI Group. ALI has not been reliably profitable, though it has traded in the black in recent years. read more