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Westpac took a turn on Friday to plead its special interest, and to call for action by the Financial System Inquiry "to consider ways that super savings could be encouraged and directed towards bank f.. read more

ANZ has partially reversed a decision to axe its equity derivative business, the bank confirmed yesterday. read more

Australian banks must plan for up to A$6 billion of write-downs and sales of non-core assets to meet capital targets, believes Craig Williams, sell-side equity analyst at Citi Research. read more

If there is any latent interest in an explicit bank tax in Australia, the Customer Owned Banking Association is taking steps to exploit it. read more

A vital secondary distribution network for Australia's banks will keep its present form, with Australia Post protecting far flung post offices for now. read more

A haircut of 15 per cent on loans owed by investors in Timbercorp gum tree schemes probably won't be enough to draw support from the disgruntled investors. read more

If trail commission payments are any guide, mortgage brokers speak for only 23 per cent of home loans, a pretty low market share for this noisy banking industry participant. read more

The banking industry worldwide must aim for a faster, rather than slower, build up in capital, Glenn Stevens, governor of the Reserve Bank of Australia, will tell a US banking symposium this morning. read more

The new Eftpos hub will be in use from September this year by two banks, Eftpos Australia CEO Bruce Mansfield said last week. read more

Officers of local government entities "could never have asked the right questions" about structured financial investments pushed by their favoured external advisers, the Federal Court has said. read more