Business lending growth at a two-year low 01 December 2016 4:46PM Growth in business lending has fallen back to its lowest level in two years, with the annual growth rate now stuck below five per cent. read more
Insurance broker caught forging premium loan applications 01 December 2016 4:45PM The Australian Securities and Investments Commission has permanently banned an insurance broker who submitted forged insurance premium loan funding applications. read more
Comment: California handset rivalries eclipse obstinate Aussie banks 30 November 2016 5:35PM Google versus Apple. Android Pay versus Apple Pay. Apple, helped by the ACCC, lives to fight on in the Australian payments landscape. read more
NAB GM warns of speedy monetary default 30 November 2016 5:27PM Let bankers loose on a public hearing and they get to talk banking.At the Carnell inquiry into small business lending, NAB's general manager of group strategic business services, Tim Williams, dished.. read more
EU TLAC train rolls on 28 November 2016 5:09PM More capital, more bail-ins, more EU funding for a banking bailout fund, more work outs and more industry funding for bank recoveries. Next to no call on the public purse. Living wills in force for ba.. read more
Briefs: NAB plans DIY and cuts planners, Springvale arson prompts FSU moves, Resimac gets CEOs and m 28 November 2016 5:06PM NAB encourages self-employment for planners, the FSU claims under-reporting of aggressive customer incidents, two new CEOs and more than one service outage at Westpac, and more. read more
ANZ corners keen price on RMBS funding 28 November 2016 5:04PM ANZ's Kingfisher Trust RMBS last week landed 11 basis points nearer to zero than the previous best price, on its latest A$2 billion deal (bettering ME's 118 bps over on an issuance in mid October). read more
An admitted cartel of two in Australian banking 28 November 2016 5:03PM Two stellar names - ANZ and Macquarie - consented on Friday to the label of engaging in cartel conduct in Singapore, in 2011. The ACCC's list of cartel principals in Australian banking must be ripe to.. read more
ANZ and Macquarie snoops follow MAS rulebook 28 November 2016 5:02PM Better policies, more training, patrols for any conflicts of interest, more spying on staff and more audits. ANZ said they reformed across all these fronts in the wake of an MAS probe of Malaysian rin.. read more
Comment: Cartel tests bank defences 28 November 2016 5:00PM How severe are sanction scenarios over rate twiddling?One answer starts with the A$15 million joint fine on ANZ and Macquarie for cartel conduct. Peanuts. Barely a few hours profit.The admitted conduc.. read more