Responsive policy means rising rates

Central banks in future are likely to adopt a more "responsive" approach to monetary policy that attempts to detect the build of financial instability (or asset bubbles) and to act in sufficient time.. read more

Seven weeks left for wholesale guarantee

The Australian guarantee will allow banks to make use of its Guarantee Scheme for Large Deposits and Wholesale Funding for another seven weeks, with eligibility to originate debt under the scheme wind.. read more

$5.5bn licence to rent Fed guarantee

Banks and other lenders have so far paid around $1.1 billion for the use of the Australian government guarantee over wholesale liabilities and will pay around $5.5 billion over its full life, the Trea.. read more

State borrowing guarantee wound down slowly

The central borrowing authorities of states and territories will continue to be able to rent the Australian government guarantee until the end of December 2010 for new debt, the Treasurer, Wayne Swan,.. read more

Macquarie back in mortgage market

A couple of funders that suspended or reduced their lending levels over the course of the credit crunch are testing the market once again, providing a degree of additional competition in a segment whe.. read more

Asian investments produce low returns for CBA

Commonwealth Bank disclosed the aggregate earnings of its banking and insurance businesses in Asia for the first time yesterday. In all, this assembly of businesses, acquired on and off over 15 years,.. read more

Rubik unwraps interim sales

Rubik Financial yesterday said it expected to "show half year revenues of more than $5 million" for the December 2009 half. read more

Post Bank gets a fresh airing

There's more speculation about a re-entry by Australia's government into the business of retail banking, though more in the name of finding viable growth options for Australia Post and its retail netw.. read more