Byres measures time and trouble on a housing bust 06 April 2017 3:42PM The iconoclastic take on home loan concentration risks in banking is now the orthodoxy. A switch in thinking outlined by APRA chair Wayne Byres yesterday defines the outlines of a future crisis that f.. read more
Stretched bank balance sheets worry Lowe 05 April 2017 3:48PM 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 05 April 2017 3:42PM 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 05 April 2017 3:41PM 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
Eight lenders chastised as ASIC takes prudential turn 04 April 2017 3:39PM Eight lenders, including three major banks and a couple of names rarely pinged by ASIC, may not even be guilty of the shortcomings alleged. read more
CUA trips APRA speed limit 04 April 2017 3:38PM 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 04 April 2017 3:35PM 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 03 April 2017 3:27PM 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 03 April 2017 3:25PM 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 03 April 2017 3:24PM 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