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Society must "take practical steps to reduce moral hazard" connected to the financial sector, David Murray, head of the Financial System Inquiry, told an industry audience yesterday. read more

All three major credit ratings agencies pointed to the prospect of negative impacts on bank ratings from the final report of the Financial System Inquiry. read more

An inability to produce key files to a court hearing has forced National Australia Bank to write off A$2 million in business loans to a Sydney couple. read more

A handful of Australian financial technology innovators earned a mention in a report by AWI, KPMG Australia and the Financial Services Council that identified "those companies most likely to succeed d.. read more

The cross-border claims of BIS reporting banks rose by 1.2 per cent to US$30 trillion over the year to June 2014, the Bank for International Settlements said in its Quarterly Review. read more

Joe Hockey may be talking the language of giving the industry until March 2015 to respond to the final report of the Financial System Inquiry, but the intellectual weight of the work of David Murray's.. read more

Australian banks must aim for "higher capital levels" to increase resilience, says the final report of the Financial System Inquiry, released yesterday. read more

The Financial System Inquiry estimated that a one percentage point increase in capital requirements for banks in Australia would increase the average interest rate on a loan by less than ten basis poi.. read more

Any lingering doubt that major banks in Australia exploit an "implicit guarantee" in funding their businesses was blown away by the clarity of the language used in the final report of the Financial Sy.. read more

One measure that was floated by the Financial System Inquiry in its interim report has been dropped in the final report. read more