Fraud risk radiant for slowpoke Westpac 12 October 2017 5:27PM Banks "need to be very careful" around privacy, cyber and fraud risks, Brian Hartzer, CEO of Westpac told the House economics committee yesterday. read more
The charge to corral open banking 09 October 2017 4:56PM The banks with the most to lose from any roll out of an open banking regime in Australia are campaigning to set a framework for hindrance and delay in any transition to toward this fashion in finance... read more
Bond bandits see new rules 02 October 2017 5:57PM The aggregate Australian dollar net cash outflow of the fourteen largest banks is forecast to decline for a fourth year in a row, under estimates from APRA on Friday. read more
Comment: So many starting points for Bowen's Royal Commission 29 September 2017 3:04PM Ahead of a Chris Bowen lunchtime presentation today, we suggest a few ideas on where Labor's forthcoming Royal Commission on banking might start off. read more
Bad and Bankwest spinoff options at CBA 25 September 2017 4:53PM Four pillars is finished, fragmenting right now. A narrow bank is set to be rescued from the sewers of a Big Four controller. Others may follow.The disruption may be lame or lively, but the familiar m.. read more
Comment: Disdain baked deep in banking 25 September 2017 4:51PM There may be a direr word than 'dire' for the straits in which the Australian banking industry sails. The weekend horror in Australian banking: coordinated price cuts on ATM fees. read more
No NPP payments in 2017 20 September 2017 4:08PM Real time payments might now limp into view by the end of February 2018, if banks' customers are lucky.Commonwealth Bank and Westpac are two big banks dragging the chain, making any debut before Chris.. read more
Personal loans reboot at CUA 20 September 2017 4:06PM The core banking division of Credit Union Australia had a rough year, one softened by a surge in lending for personal loans. read more
Fast pace suits ME 14 September 2017 4:45PM Double digit growth rates either side of the balance sheet look like continuing for ME Bank, an entity that's narrowed its business mix to just six personal banking products. read more
Drop in high LVR loans brings down Genworth's credit rating 14 September 2017 4:44PM A slump in demand for mortgage insurance and the well-known "high and rising level of tail risks embedded in the Australian housing market" lie behind a cut in the credit rating of Genworth Australia.. read more