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Managing "public expectations of when and where governments will intervene" is emerging as one of the chief themes of the Financial System Inquiry. David Murray, chair of the inquiry, said yesterday:.. read more

A system of "regulatory gate-keeping" and "detailed regulation impact statements" is needed to patrol the activities and governance of financial regulators, the Business Council of Australia has told.. read more

Genworth Australia has run out of puff in the price leadership stakes, and says it will not increase premium rates on lenders mortgage insurance over the rest of this year. read more

A senior home loan adviser at National Australia Bank has failed to secure workers' compensation for distress at being demoted. read more

A claim by a 66-year old that he was discriminated against because of his age when requesting a loan from National Australia Bank has failed in the Victorian Civil and Administrative Tribunal. read more

Mutual banks and credit unions will have more options to raise hybrid capital, under amendments to the regulations on "mutual equity interests" released yesterday. read more

"If there are two industries in the world that need to change, it's the media and banking," Mike Smith, chief executive of ANZ, said last night. read more

A review of the price signalling provisions of the Competition and Consumer Act, including which sectors they apply to, is one of the options raised in the first issues paper released by the Competiti.. read more

ANZ's new Asian head believes that global banks with regional franchises have costs that are too high and are "spending their time with what they will shut down, not where they are making new investme.. read more

Charles Rennie, managing director of ANZ from 1973 to 1976, died last week. He was 101. read more