Prosecutions loom for power banks

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

McPhee sour and sweet on cartel disunion

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

Bankers wrestle for ratings and ruins

"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

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

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

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