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

CUA trips APRA speed limit

Credit Union Australia will curtail, or pause, writing new loans for property investors altogether, the Financial Review reports."We have observed an increase in new investor applications in response.. read more

Westpac 'will offer' Apple Pay, in time

There's another long, Westpac bicentennial read in the Financial Review today, an interview with the CEO Brian Hartzer that is heavy on tech themes. Hartzer is hopeful that Westpac will offer Apple Pa.. read more

Non-banks drawn to APRA macroprudential web

Pepper, Liberty, La Trobe, FirstMac, Resimac, AFG Home Loans, RedZed - the whole spread of non-banks -  are all APRA regulated now, at least when it comes to macroprudential policy and the use of.. read more

Bubble worry brings APRA back to the fray

Weeks of guesswork ended on Friday, with APRA dictating a long list of new macroprudential policy measures.The professional worrywarts at the Australian Prudential Regulation Authority did not mess ar.. read more

Unfit banks a year away from Apple Pay

It may take the best part of a year for the four banks that sought to boycott Apple Pay to change direction, make up with the US technology giant and bring the payment app to market.The Australian Com.. read more