Prosecutions loom for power banks 24 July 2017 4:09PM Prosecutions over misuse of market power seem pending in banking, with drastic options ahead for the ACCC.Macquarie, ANZ, Commonwealth Bank, Westpac and National Australia Bank are five obvious banks.. read more
Comment: Lowe down on the Sims' siege of bankingrad 24 July 2017 4:07PM With a muted benefit for the industry from the ABA's reform program, it is the rival agenda of financial regulators and the cohesion of the public-sector championed reform that leaves citadels of Aust.. read more
Sims banking fiver deflects Royal Commission for Turnbull 24 July 2017 4:05PM Questions of industry structure in an oligopoly sector occupied a speech on Thursday by Rod Sims, the chair of the ACCC, for a Communications Day conference. read more
McPhee sour and sweet on cartel disunion 21 July 2017 4:46PM Cartel pricing terms and profit shares are being reset under our noses. Australian taxpayers, the ultimate stakeholders in banks, have Ian McPhee and the Australian Bankers Association to thank for sh.. read more
New Zealand drifts south on banking balance 21 July 2017 4:23PM The Reserve Bank of New Zealand will keep playing one IMF game by Kiwi rules, at least when it comes to methods on prudential supervision in banking. read more
APRA's capital rethink: Curb your home loan enthusiasm 20 July 2017 4:52PM APRA's capital crackdown means up to A$10 billion in extra capital will be needed across major banks by 2020 - and a margin increase of 10 basis points is fine with APRA. read more
Bankers wrestle for ratings and ruins 20 July 2017 4:50PM "Offshore funding" for Aussie banks is looking tenuous again. (That's our word, not APRA's.) With banking crises and a recession now looking more probable than not in Australia it's time for a reset... read more
Cazaly called on a capital APRA operetta 20 July 2017 4:48PM The work on bank capital in Australia is not yet even half done by APRA. Conclusive guidance on risk weighting for the major banks (and maybe all entities) remains a work in progress or a secret too s.. read more
Mortgage credit demand turns tail 19 July 2017 4:06PM Mortgage applications eased across the country over the June 2017 quarter, a softening of the housing market that consumer credit bureau Equifax describes as "the beginning of a downward trend across.. read more
P2P, POS and payday lenders front of mind 19 July 2017 4:04PM Marketplace lenders and payday lenders are well and truly in the forefront of consumer thinking about where to borrow money. But the relatively low rate of growth in personal credit suggests either th.. read more