Bank deposit levy locked in 30 March 2015 4:42PM The Australian government is planning to proceed with a tax of five basis points on bank deposits to be announced in the May Budget, the Financial Review reported on Saturday. read more
Macquarie fined by SEC for underwriting breach 30 March 2015 4:41PM The US Securities and Exchange Commission on Friday said it laid charges against Macquarie Capital for underwriting a public offering "despite obtaining a due diligence report indicating that the Chin.. read more
Abbott slaps China one more time on AIIB 30 March 2015 4:39PM After months of indecision, preceded by outright opposition, the Australian Government yesterday said it would sign a memorandum of understanding on the Asian Infrastructure Investment Bank, which wou.. read more
Weekend payments a hit in UK 30 March 2015 4:38PM Demand for faster weekend payments is driving demand for the UK mobile payments service Paym. read more
Commodity slump no pain for banks 26 March 2015 5:14PM Recent sharp falls in commodity prices are more annoying than worrying for supervisors of loans to resource companies. read more
Foreign flows fan property risks 26 March 2015 5:13PM The Reserve Bank of Australia pointed to a "search for yield behaviour underpin[ning] strong investor demand for commercial property assets, particularly from offshore investors," as a key financial r.. read more
Australian bank fees cases resonate with KKR 25 March 2015 4:32PM KKR will cap GE Capital Australia's liability for excess bank fees charged over many years, should class actions succeed and the investment house buys GE's unwanted consumer finance arm. read more
Australian bank capital sanctions stuck in the shadows 23 March 2015 4:42PM The Australian Prudential Regulation Authority's practice of keeping an authorised deposit-taking institution's minimum capital requirements a secret from counterparties will continue, Wayne Byres, th.. read more
Racism delves into Australian payments 23 March 2015 4:41PM "Cashless" debit cards will be distributed to select welfare recipients by Centrelink, as the Australian government moves to trial one element of a plan outlined by mining magnate Andrew Forrest last.. read more
Circles drawn around ME 23 March 2015 4:40PM bank.me, with the "me" in a circle, looks set to be a new look for the brand of ME Bank sometime soon. read more