CLF fees push $500m

Fees paid by banks in Australia for the Committed Liquidity Facility from the Reserve Bank of Australia will chew through more than two per cent of industry profits, or up to A$500 million a year, the.. read more

Risks justify APRA response for Coalition

The Australian Government, in its formal response yesterday, offered a warm endorsement for all the steps taken by the banking regulator in the wake of the Financial System Inquiry. read more

Australian banks concede mining debt fears

Lending to miners and related service companies may be a source of elevated concern for Australian banks, in spite of a low business failure rate and seemingly benign data on loans to the sector. read more