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The present level of interest rates paid by borrowers is "roughly… appropriate" the governor of the Reserve Bank of Australia told the House of Representative's Economics Committee on Friday. read more

It is "a fact" that bank funding costs have increased, and banks "have responded in a way that you would expect they would", says Glenn Stevens, the governor of the Reserve Bank of Australia. read more

The formation of a handful of clearing houses covering most derivatives trades may suit regulators and banks in Europe and the United States but may not suit all markets, the governor of the Reserve.. read more

Firstfolio agreed to pay A$18.2 million for Calibre Financial Services - about $5 million more than previously reported. read more

With a lacklustre, but well telegraphed, half-yearly profit to announce yesterday, Bendigo and Adelaide Bank's chief executive, Mike Hirst, used the regular briefing to reflect on some of the key de.. read more

An impairment of A$95 million to the goodwill of the margin lending business of Bendigo and Adelaide Bank - a decision announced in December - severely dented the headline profit of the bank for the.. read more

Banks are being asked by the Payments System Board to explain their investment plans in "retail operations" as part of a "dialogue" inspired payments' processing failures over the last year or two. read more

The profitability of the major Australian banks may be marginally higher than that required to provide bank shareholders with a fair return on their investment in bank shares, analysis by the Austra.. read more

One of the remnants of transport ticketing group ERG agreed to pay A$5 million to the New South Wales government late last week to settle a long-running claim over the failure of ERG to deliver a ti.. read more

A four-day-old production backlog of Personal Property Securities Register registrations was set to start clearing overnight.  read more