Favourable rates endure

Australia's benign interest rate environment will persist, providing conditions that are mostly favourable for banks. read more

NAB pay deal progresses

A two year pay deal between National Australia Bank and its staff is ready to proceed to a vote. If passed, the deal will see NAB paying the highest "floor rates" of any big bank, the Finance Sector U.. read more

Australian bank capital less than claimed

Australian banks may have exaggerated their capital buffers and relied on implausible comparisons with the capital strength of offshore banks, according to a critique by John Watson of Margate Financi.. read more

ANZ capital uplift questioned

Investors and other users of financial reports by Australia's major banks lack a "high degree of confidence in the accuracy" of any internationally harmonised capital ratios self-reported by banks, tw.. read more

Investment loans wrongly provided for

The Australian Prudential Regulation Authority and Australian banks may be measuring the capital needed to support investment property loans in the wrong manner, leading to an overstatement of banks'.. read more

ANZ grows China hub

ANZ expects its new operations hub in Chengdu, China, to employ around 1000 staff in the next few years, up from 220 now. read more

Just swipe and go

Crimes of deception are on the rise, at least in Victoria, with the simple theft and misuse of contactless payment cards behind almost all the recent rise in recorded crime in the state. read more