Credit signals flash in bellwether sectors

One pointer to a worsening in credit quality for lenders is a rise in the level of adverse indicators relating to two bellwether industries - construction and transport - and they are showing signs.. read more

LVR caps not needed

A Reserve Bank official has poured cold water on the notion of setting caps on loan-to-valuation ratios and other "new and untried" tools for managing the credit cycle. read more

Financial services dim for Post

Australia Post says sales of its Load&Go reloadable Visa pre-paid card have "proved successful beyond expectation", but otherwise discloses little data on its financial services business in its.. read more

ANZ executive suits Westpac

A second ANZ-linked executive is on the move to Westpac, to work in the latter's financial services business under the leadership of Brian Hartzer, the former Australian CEO of ANZ. read more

Legacy loans leave BOQ in the red

Bank of Queensland will miss its projected net profit for the second half of 2012 by between $20 million to $25 million thanks to a further top up of provisions and refunds to customers because of w.. read more

Business as usual at ANZ

ANZ outlined a five-year investment program for its domestic business yesterday that serves as a reminder that amid the job-shedding and cost-cutting there remains scope for banks to refashion servi.. read more

OIS swap a treasury favourite

Banks and other intermediaries are tending to the management of their short-term interest rate risks more energetically, if the annual compendium of data on market activity from the Australian Finan.. read more