Insolvencies near GFC levels 04 May 2017 4:16PM 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
Puny fine for total tosh on debt agreements 04 May 2017 4:14PM Following an ASIC investigation, three Sunshine Coast spruikers of debt agreements have agreed to pay a notional fine over unsubstantiated claims made on their websites. read more
Jaws droppers scale ANZ cost and risk 03 May 2017 3:49PM 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 03 May 2017 3:46PM 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 03 May 2017 3:43PM 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
Capital ratchet in sight for NZ banks 02 May 2017 3:55PM Minimum capital ratios for banks in New Zealand may be steered toward a percentage into the teens, a high minimum target by global standards. read more
Stargroup scrambles toward banking terrain 01 May 2017 3:52PM 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 01 May 2017 3:50PM 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
'Unworkable' threshold for SME covenant cut-off 01 May 2017 3:49PM Kate Carnell, the Australian Small Business and Family Enterprise Ombudsman, is one critic of the banking industry hard to deflect by an introverted industry reform agenda.Carnell yesterday said.. read more
Paymark soldiers on amid buyer disinterest 01 May 2017 3:48PM 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