Insolvencies near GFC levels

The number of personal insolvencies rebounded over the March 2017 quarter - and are now approaching the levels seen during the global financial crisis. read more

Jaws droppers scale ANZ cost and risk

ANZ is getting "closer and closer" to the point where its diminishing institutional banking and surplus Asian banking interests are pared down to a level that suits the bank. "We're focused on busines.. read more

Earnings vice bothers ANZ

Low wages growth and low credit growth are constraints facing the entire banking sector, Shayne Elliott, chief executive of ANZ said yesterday. "If this continues, this will curtail credit growth to f.. read more

Cautious ABA prescribes same old therapy

The blacklist that dare not speak it's the name is the most prominent amber alert on the ABA's self-assessment on its year long Banking Reform Program.The ABA's debut annual report on this program is.. read more

Stargroup scrambles toward banking terrain

A last ditch equity capital raising by Stargroup Ltd will enable the ASX-listed ATM operator to settle a long delayed purchase of the automatic teller machine network of Indue, a specialist payments p.. read more

Property developer loans 'poor' in APRA eyes

The quality, or lack of it, of the banking sector's loans to property developers is a further theme agitating Australia's prudential regulator, with "guidance" promised later this year.?A late 2016 re.. read more

Paymark soldiers on amid buyer disinterest

Paymark, New Zealand's principal Eftpos network, has engineered a "stay in business" shift of its primary telecom services provider to Transaction Network Services, replacing Spark New Zealand. read more