Bankwest irresponsible and CBA unconscionable, Joint Committee finds 09 May 2016 3:47PM Some facets of lender conduct central to borrower discontent with Commonwealth Bank's post 2008 management of Bankwest found their way into the report of the Parliamentary Joint Committee on Corporati.. read more
NAB loss second largest in Australian banking history 06 May 2016 4:13PM A loss is a loss and, by any measure, the loss confirmed by National Australia Bank for the half year to March 2016 is spectacular. read more
$90 billion bond sales planned by AOFM 05 May 2016 3:57PM Treasury bond issuance by the Australian government is expected to be around A$90 billion over 2016/17, the Australian Office of Financial Management advised yesterday. read more
Institutional reset frames ANZ for 'subdued' times 04 May 2016 4:38PM A wind back in risk-weighted assets, at least in the institutional bank, will inform a strategic repositioning of ANZ's business mix over the next 12 to 18 months. read more
Malaysia drags on ANZ Asia 04 May 2016 4:37PM An impairment charge of A$260 million on ANZ's carrying value for its investment in Malaysia's AmBank is one lowlight of the 'Asian theme' of ANZ's half year result for March 2016. read more
Federal Budget: Bond supply assured beyond 2027 04 May 2016 4:34PM There may be no great shortage in Australian government bonds to fill the liquidity books of banks, even if net debt of the federal government moderates in line with scenarios presented in last night'.. read more
Consumer loans hard to collect in mining regions 03 May 2016 4:13PM Westpac experienced an escalation in home loans and consumer loans reported as 90 days or more past due over its last half year. read more
Credit flap no fuss for Westpac 03 May 2016 4:13PM A well flagged rise in provisions for a handful of prominent dud loans to major borrowers should not be seen as a pointer to a weakening in the credit cycle - or so Westpac's top management argued at.. read more
Banks' tier one capital ratios dragged back to eight per cent 02 May 2016 3:35PM Australia's major banks would work their way through even "a highly stressed scenario" of deteriorating corporate credits, Moody's Investors Service said in a report published on Friday. read more
Class action targets years of Bankwest profits 29 April 2016 4:02PM Commonwealth Bank will have to fend off a class action from disgruntled former business borrowers of Bankwest, a process that will oblige the bank to continue to engage with a contested history over i.. read more