Industry 'well placed' on capital: Byres

APRA won't wait for its international banking regulatory counterparts to finalise Basel IV. A parochial version that conforms to the rhetoric of the Financial System Inquiry's vision will be finalised.. read more

Housing bubble may yet trouble banks

APRA renewed its threat of supervisory intervention, "probably in the form of higher capital requirements" on Friday - directed at banks unwilling to toe the line and curtail growth in residential pro.. read more

'Concerned CBA' finalises advice compo

The final cost of the "Open Advice review Program" at Commonwealth Bank is likely to be in the order of A$23 million, with final offers now in the hands of affected customers. read more

RBNZ gets caretaker governor

Grant Spencer will serve a six month term as acting governor of the Reserve Bank of New Zealand from late this year. Graeme Wheeler, the current governor, has now made it clear that he will step down.. read more