Banks tilt to short-term funding

Deposit growth in the banking system is allowing banks to cut reliance on wholesale funding. Cheaper pricing at the short end has meant short term funding is on the rebound in Australian banking. read more

Can't save. Can't earn pay rises. Can borrow

The Calvinist savings ethic that keeps banks in business has proven disposable in Australia in the past. And so it may be again, with the savings ratio taking a dive once more over the March 2017 quar.. read more

Macquarie hedges on levy dislocation

Macquarie Group expects the Major Bank Levy on liabilities to affect its profit by around A$90 million, the group outlined late on Friday.A report in the Financial Review on Friday - centred on scenar.. read more