Crossbenchers, Labor one vote away from a new banking inquiry 16 June 2017 4:01PM A private members' bill to set up a parliamentary inquiry into the banking and financial services sector is on its way to the House of Representatives after passing the Senate. read more
Macquarie pleads for levy exemption 16 June 2017 4:00PM 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
Cuscal courageous with Samsung wallet 15 June 2017 4:25PM Thirty-eight bank and credit union affiliates of Cuscal will offer Samsung Pay from today. read more
Schenkel makes quick exit from Tyro 14 June 2017 3:27PM 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
Suncorp hikes variable rates in slowing mortgage market 13 June 2017 3:52PM These are "sobering times" in the banking sector, David Carter, chief executive officer, banking and wealth at Suncorp says."I suspect that credit growth is slowing," Carter told Banking Day last week.. read more
Dispute resolution regime leaves unfinished business 09 June 2017 3:47PM A further, if discursive, issues paper from the review of the financial system external dispute resolution framework lays emphasis on two hot topics. read more
Banks tilt to short-term funding 08 June 2017 4:46PM 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 08 June 2017 4:45PM 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
Developers and households advance along watch list 06 June 2017 3:54PM Indicators of financial health of both mid-market corporates and households have taken a turn for the worse, separate analysis from Equifax and Digital Finance Analytics suggests.The more grim assessm.. read more
Seven RBA-linked executives get Securency trial date 05 June 2017 4:30PM Seven former executives of the Reserve Bank of Australia's subsidiary Note Printing Australia and the NPA's half-owned Securency International have a combined trial date, beginning in late January, ov.. read more