Tyro bankers cash in early

A grey, or pre-IPO, market in shares for Tyro Payments sheds light on insiders' views on the value of a niche payments processor recently elevated by APRA to fully fledged bank status. read more

Affluent unperturbed by interest only vice

A socio-economic analysis of the users and abusers of the tax break that is negative gearing on residential investment property casts a doubtful spotlight on the effect APRA's tightening of the vice o.. read more

Small ADIs nudge Alliance Bank queue

Nova Credit Union's members are today likely to confirm a step toward a union with Bendigo and Adelaide Bank under the latter's Alliance Bank model. The bank drew four credit unions under its wing in.. read more

Stretched bank balance sheets worry Lowe

More activism is probable on lending standards, RBA governor Philip Lowe told a Melbourne dinner last night. Taking on a public relations job so far side-stepped since APRA tightened its banking vice.. read more

Military mutual ambushed by APRA cap

Australian Military Bank is a rare ADI with growth in loans for investment property purposes that exceeds APRA's ten per cent cap, a rule that has been in place now for around a year.John Ford, chief.. read more

Partner search seeks wealth options for ANZ

ANZ will take its time, maybe into next year, to work up a new ownership model for its wealth and insurance arm, one the bank spelled out yesterday as a "partnership" following what, more than likely,.. read more