Banks' payout on Bell Group loan affair could be A$3 billion 12 September 2013 4:57PM Banks may finally make use of their provisions for their 28-year-old - and more than 20-year impaired - loans to Bell Group. The company, which became an arm of Alan Bond's business empire, failed a.. read more
APRA rings bell on high LVR lending 11 September 2013 4:42PM Banks are doing more lending at high loan-to-valuation ratios that are in excess of 90 per cent, a trend that is alarming APRA. read more
Brake needed on dividend payouts 11 September 2013 4:38PM Increased dividend payout ratios and other measures that reduce capital are concerning APRA. In its journal, Insight, the regulator highlights recent steps taken by the banks to "implement various c.. read more
MyState looking for expansion opportunities 10 September 2013 4:26PM MyState Financial says it aims to "retain… capacity for both organic and inorganic growth opportunities", a sign it may be a bidder once more for small-scale deposit taking entities. read more
Banking security algorithms compromised 09 September 2013 4:32PM Western security services have undermined "the major tools protecting the privacy of everyday communications in the internet age", including in banking transactions, newly disclosed documents from a.. read more
Bank capital rules subject to another review 09 September 2013 4:31PM The Financial Stability Board says it is undertaking a strategic review into whether the current capital framework achieves the right balance between simplicity, risk sensitivity, and comparability.. read more
APRA weakens on church funds 30 August 2013 4:52PM Little scrutinised deposit-taking entities, many of them run by churches, have succeeded in persuading the Australian Prudential Regulation Authority to soften a proposed clamp down on their se.. read more
iSelect revenue wobbly 30 August 2013 4:47PM iSelect is earning higher margins from the sales leads it produces for banks and utilities, but is making less from health insurance, with this starting just weeks before the end of its financial ye.. read more
Coalition would lift bank taxes 29 August 2013 5:01PM Taxes on banks would rise if there is a change in government at the general election next month. read more
Deposit insurance supported by Coalition 29 August 2013 4:58PM A deposit insurance scheme would likely be introduced by a Liberal and National Coalition government along the same lines as that proposed earlier this month by the Labor Government. read more