Byres defends status quo on banking regulation

APRA members "see little reason to change" the regulator's philosophy on prudential supervision, Wayne Byres, chair of the Australian Prudential Regulation Authority, told a hearing of the House of Re.. read more

Westpac passes CBA on DBM monitor

Westpac has nudged ahead in one measure of business satisfaction, displacing Commonwealth Bank as top ranked bank in the small business segment on DBM Consultants' Business Financial Services Monitor. read more

Majors need $23bn in core capital

ANZ and NAB may take longer to meet any stiffer new capital ratios than their Sydney-headquartered big bank rivals, sell-side analysts at UBS estimate. read more

Comment: Murray's top ten

How boring is the FOFA debate? So avoidable, so predictable and so all consuming - it's a bit extraordinary how much of the Murray inquiry commentary starts with an advice slant. read more

Murray keeps Hockey's 9-point plan in play

When David Murray's panel this week produced its interim report of the Financial System Inquiry, Federal Treasurer Joe Hockey moved half way towards notching up at least one more goal of the nine poin.. read more

Ring-fencing bank taxes

A general ring-fencing requirement, separating out retail banking, would mean a profound restructure of the industry the Australian Bankers Association said. read more

Bank broker mix in spotlight

Bank ownership of mortgage broking businesses is one facet of industry structure that interests the FSI. "Vertical integration of mortgage broking may create conflicts of interest, which could hamper.. read more