Rural debt default expected by Joyce 03 February 2014 4:53PM A senior federal minister is expecting a significant default on farm sector loans and backing plans for a dedicated rural bank. The Australian reported that Barnaby Joyce, the minister for agricultur.. read more
Banks seek $344 billion in liquidity aid 31 January 2014 5:54PM Australia's largest 35 banks have projected that they will need to tap A$344 billion in "committed liquidity" from the Reserve Bank of Australia to meet new standards that come into force next year. read more
Reliance on wealth management honey pot scrutinised by APRA 31 January 2014 5:50PM The Australian Prudential Regulation Authority's research exercise into the operation of the committed liquidity facility has thrown up an intriguing - and even alarming - issue for the banking indu.. read more
Foreign bank CLF arbitrage a regulatory challenge 31 January 2014 5:49PM The temptation for foreign banks to harvest central bank liquidity from their Australian branches is an issue that has emerged from the findings of a research exercise into the operation of the comm.. read more
Murray Inquiry calls for submissions 31 January 2014 5:45PM The Financial System Inquiry asked yesterday that initial submissions to be lodged by March 31. read more
Shadowy bailout for China Trust 30 January 2014 5:32PM Conjecture over the stability of China's banking system is bound to ramp up after the recent decision the Industrial and Commercial Bank of China, the country's largest bank, made to facilitate an e.. read more
Confidence a tricky indicator 29 January 2014 5:41PM Half a dozen leading indicators monitored by Moody's Investors Service are either favourable or neutral for bank asset quality in Australia, according to an assessment published yesterday by the rat.. read more
Panin sale talks progress 28 January 2014 4:41PM Efforts by ANZ to sell its 39 per cent stake in PT Bank Pan Indonesia, to Mizuho Financial Group, are getting warm. read more
ANZ takes four years to resolve charging error 28 January 2014 4:40PM ANZ has begun paying A$70 million to around 230,000 customers, refunding them for mortgage interest rate deductions that the bank failed to pass on, or compensating them for over-charging on home lo.. read more
Banks easily fund infrastructure flow 22 January 2014 5:53PM There is no shortage of private capital to finance the delivery of major infrastructure, Westpac said in a submission to the Productivity Commission. The commission is conducting an inquiry looking.. read more