Debt to income limits likely in NZ 01 June 2017 4:18PM Work is progressing on the addition of debt to income (DTI) limits to the toolbox of macro-prudential measures available to the Reserve Bank of New Zealand. read more
RBNZ knocks out Kiwibank hybrids 01 June 2017 4:17PM The Reserve Bank of New Zealand has confirmed its decision on Kiwibank's convertible capital instruments held by Kiwi Capital Funding Limited (KCFL). read more
Interest-only loan share down one third from 2015 31 May 2017 4:05PM A couple of measures chosen by APRA to curtail selected forms of housing lending by banks are having their intended effect. Interest-only loans are down to 33 per cent over the March quarter from the.. read more
Liability levy scope adjusted to pacify major banks 31 May 2017 4:04PM A couple of carve outs by the Australian government on the scope of the liability levy on five banks amount to a concession to the sector following a noisy, if short, consultation. read more
30 day payments both PR and promise 30 May 2017 4:52PM A new Australian Supplier Payment Code, the work of the Business Council of Australia, is off and running. read more
Consumer satisfaction sticks with trend 30 May 2017 4:51PM Consumer satisfaction with the Big Four banks increased to 80.1 per cent in April, well above the long-term average of 74.9 per cent recorded since 2005, according to Roy Morgan Research. read more
'False witness' standard practice at NAB 29 May 2017 3:39PM Instances of "false witnessing" by financial advisers employed by National Australia Bank have been aired by the Finance Sector Union and Fairfax Media.NAB employees, including Financial Planners and.. read more
Scant effort to conceal FX misconduct 29 May 2017 3:35PM An ASIC report drawing together its work into drivers of misconduct observed during its investigation into the wholesale spot foreign exchange market makes disconcerting reading."We observed very few.. read more
Cheque use plunges over the cliff 29 May 2017 3:34PM The withering of cheque use in Australia is taking on a new dimension, with the value of cheques having "dropped by six per cent in 2016, after largely remaining flat in previous years," the Australia.. read more
AMP looks to bank as sturdier pillar 26 May 2017 4:21PM The already robust system growth multiple of AMP Bank may last for an extended period, AMP Group's chief executive Craig Meller told an investor day. read more