Macquarie hedges on levy dislocation 05 June 2017 4:27PM 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
COBA reboots mini bank merits 02 June 2017 4:04PM Mutual ADIs have launched a campaign encouraging Australians to "check out the banking alternatives available to them." read more
Westpac dials down on mortgage growth 01 June 2017 4:21PM Monthly banking statistics from APRA show growth in mortgages for Westpac during April was just 0.7 times system. read more
NZ bank capital 'less conservative' than in the past. 01 June 2017 4:20PM Capital requirements for banks in New Zealand "should be conservative relative to those for international peers" the Reserve Bank of New Zealand said yesterday in its Financial Stability Report. read more
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