A flattening problem for banks from Australian apartments boom 18 April 2016 4:20PM "Settlement failures might increase" on residential developments flourishing in Australia's cities, the Reserve Bank of Australia cautioned in its half-yearly Financial Stability Review on Friday. read more
Indicators of household financial stress benign, says RBA 18 April 2016 4:19PM The RBA took a favourable view of the household sector, saying "risks have ameliorated somewhat since the previous Review as housing price growth has eased," before going on to praise industry reforms.. read more
RBA and banks warn of business stress in mining areas 18 April 2016 4:18PM Business finances "generally remain in good shape and broad indicators of financial stress are low" the Reserve Bank of Australia recited in its half-yearly Financial Stability Review on Friday. read more
Retirement bracket strongly favours bank royal commission 18 April 2016 4:14PM A second opinion poll on attitudes to a royal commission into the banking and financial services sector shows a majority support the notion. read more
Bankers' lobby has no plans for ad blitz on inquiry 18 April 2016 4:13PM The Australian Bankers Association has "no intention to run a multi-million dollar campaign along the lines of that pursued by the mining industry" against the Labor government in 2010, Nic Frankham,.. read more
Comment: Angered and enthused - the disconnected response to Labor's banking royal commission 18 April 2016 4:12PM Labor's call for a banking royal commission may have well and truly hit the right chords. First, with the mass market of voters (one that overlaps, by and large, with the "mass affluent" segment hunte.. read more
Business credit growth strong in non-mining sectors 15 April 2016 3:43PM Growth in the supply of business credit across the non-mining sector is better than ten per cent, a new OECD report shows. read more
Securency management fostered Nigerian bribes, court told 15 April 2016 3:42PM One of the first criminal proceedings - of an individual, rather than of a corporate entity - began in London last week in connection with allegations of bribery connected to Securency, a company part.. read more
Seven US banks in strife over living wills 15 April 2016 3:40PM US financial regulators have ruled the "living wills" of eight of America's largest banks were "not credible" or had "shortcomings", giving the banks until the beginning of October to remedy them or f.. read more
Great Southern refusnik finds no joy from court 14 April 2016 3:44PM Bendigo and Adelaide Bank have prevailed in another court case where a borrower investor in Great Southern wood lots refused to pay. read more