Builders spark asset quality headaches 21 April 2017 3:55PM A surge in credit insurance claims may encourage a rethink on generally bullish views toward asset quality in banking. read more
Macquarie hoists manager model on UK's GIB 21 April 2017 3:54PM Three new "green" themed infrastructure vehicles will emerge once Australia's Macquarie Group wraps up its GBP1.7 billion takeover of Britain's Green Investment Bank in late 2017. read more
Investor loan slow-down on target at Morgan Stanley 21 April 2017 3:52PM Growth in lending for property investors may grind to a virtual halt, if the modelling by a Morgan Stanley sell-side analyst proves on the money. read more
BCCU helps Unity past $1bn milestone 21 April 2017 3:51PM In a merger approved by more than 90 per cent of its members, Bankstown City Credit Union will join the ranks of mutual bank labels from July, when the entity will become a division of Unity Bank. read more
Banks get three years to reset sales incentives 20 April 2017 4:07PM Australia's banking sector needs "a sharp break with the past", wrote Stephen Sedgwick in his review of the industry's pay practices. But sharp does not mean short, with Sedgwick suggesting a three-ye.. read more
Foreign hires mostly safe in finance 19 April 2017 3:42PM HR managers at banks won't be too fussed - though their employers' credit analysts may well be - with the purged list of "eligible skilled occupations" that can be covered by a "temporary skill shorta.. read more
Sedgwick red lights broker commissions 19 April 2017 3:40PM A ban on accelerator reward payments and a shift to a fee-for-service payment model, funded by the banks, are highlights of Stephen Sedgwick's year-long review of retail banking remuneration. A long p.. read more
Developer credit strife agitates regulators 18 April 2017 3:25PM Compromised credit conditions facing property developers and their customers (often investors) form one nexus of the Reserve Bank of Australia's half-yearly Financial Stability Review, one that extend.. read more
Household insolvency adds to banking risks 18 April 2017 3:24PM Risks to financial stability "are primarily macroeconomic in nature, rather than direct risks to the stability of financial institutions", the Reserve Bank of Australia declares in its Financial Stabi.. read more
Cash out of favour on many fronts 13 April 2017 4:06PM Demand for cash is on the wane on two fronts, with "cash out" at the point of sale fading alongside cash withdrawals from automatic teller machines, with both trends a function of the popularity of co.. read more