Liberals aim to foil SA bank levy

Plans by the South Australian Labor government to enact a secondary levy on select bank liabilities may tank in the upper house of the state's parliament after the South Australian parliamentary Liber.. read more

Systemic eyes on bank rents in super

The wheels are turning on the third and final phase of the Productivity Commission's review of superannuation, one that will tread once more well-worn terrain over models for default allocation of sav.. read more

Barnaba wings onto RBA board

A second veteran of Macquarie Bank will join the board of the Reserve Bank of Australia. Mark Barnaba will serve a five-year term from 31 August 2017. read more

Inertia the principal pillar in banking

Fifty per cent of adults "have always been with the bank they first opened an account with," a survey for Canstar Blue has found. And bank customers like to visit their bank's branches, mainly to make.. read more

Macquarie pleads for levy exemption

The threshold for the planned levy on bigger banks should be lifted to exclude Macquarie Bank, the Macquarie Group has argued in its submission to the Senate's Economics Legislation Committee. read more

Schenkel makes quick exit from Tyro

Gerd Schenkel, chief executive of Tyro Payments, has left the bank suddenly, with a long time director taking his place.Rob Ferguson has taken the helm as acting managing director, effective immediate.. read more