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
ANZ gets investors set on Westpac's turf 12 September 2017 3:58PM The back pedalling on investor loans and interest-only loans by Westpac over recent months has opened a void filled, in large part, by ANZ. Or so monthly AFG Competition Index suggests. read more
Friends and foe rock banking pillar 11 September 2017 3:12PM There may be a dash for the exits from the rowdy sanctums of the Australian Bankers Association, with more than one bank jostling for first mover advantage and the accolades that may come from a selec.. read more
CBA panel bring history to APRA inquiry 11 September 2017 3:10PM APRA rolled out a trio of well known scrutineers on Friday to turn risk and culture matters at Commonwealth Bank head over heel via an eight-month inquiry. The Australian Prudential Regulation A.. read more
Byres chastises bigger banks on lending 11 September 2017 3:08PM Application of the responsible lending obligations of a number of banks may be looking shaky, if a survey by APRA chair Wayne Byres on Friday is any guide.In a speech to a Finsia forum, Byres took the.. read more
Swap to the cash rate: Debelle 11 September 2017 3:06PM It is vital for banks and their business borrowers to look at moving away from the (reformed) bank bill swap rate, Guy Debelle, deputy governor of the Reserve Bank of Australia told a Finsia forum on.. read more
Households chewing through savings 07 September 2017 4:25PM The household saving ratio fell for the fifth consecutive quarter on a seasonally adjusted basis, the national accounts for the June 2017 quarter show. This was reflected in a softening of growth rate.. read more