Debt to income limits likely in NZ

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

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

Consumer satisfaction sticks with trend

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

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

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

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