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
Expert help needed to define Bankwest class action 29 April 2016 4:01PM The details and interpretation of the "warranty claim", or in other words the much discussed "claw back" mechanism struck between Commonwealth Bank and UK bank HBOS over the sale by the latter of Bank.. read more
Labor pledges extended mandate for CEFC 28 April 2016 4:07PM A Labor government would provide the Clean Energy Finance Corp "with more certainty and more flexibility with less red tape and more technology options, [allowing it to] develop more technology option.. read more
CBA pours scorn on Bankwest conspiracy theories 28 April 2016 4:06PM Well ventilated theories of nefarious - and highly profitable - understandings between Commonwealth Bank and HBOS at the time of the 2008 takeover of Bankwest received a scornful appraisal by CBA's to.. read more
Comment: Bankwest clawback favoured HBOS and not CBA 28 April 2016 4:05PM The thesis that Commonwealth Bank engineered a handsome "clawback" from Lloyds/HBOS in connection with its rushed, GFC-linked takeover of Bankwest late in 2008 may be so well publicised that, in the e.. read more
'Deceptive' CBA breached Corporations Act over Bankwest, lawyers claim 28 April 2016 4:04PM Commonwealth Bank's approach to the takeover of Bankwest and its controversial treatment of many business borrowers from late 2008 "involved criminal behaviour and offended various provisions within t.. read more