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Arrears are continuing to escalate in pools of "low doc" home loans, two reviews published by credit ratings agencies yesterday confirms. read more

Impaired loans climbed by more than 40 per cent at Macquarie Bank over the December 2008 quarter, the bank's quarterly "pillar three" disclosures published on Friday show. read more

The new regime of quarterly reporting imposed on banks under the third pillar of the Basel 2 approach to bank regulation is producing a flow of additional disclosure from banks, especially the larger.. read more

Two banks, NAB and Bendigo, emerged as discounters in the automatic teller machine segment on the first day of the operation of the "convenience fee" regime in Australia yesterday. read more

The increasing risk profile of businesses may have as much to do with the effective rise in the cost of borrowed funds to business as do higher funding costs, ANZ chief executive Mike Smith told an au.. read more

Australia's government will support the purchase, by governments, of the "toxic assets" from banks, as the cornerstone of the resolution of the global financial crisis. read more

A survey by TNS, commissioned and published by BPay over payments preferences, revealed a "continued decline in traditional payment methods as the online channel continues to grow." read more

The Australian banking business of HSBC managed to lose money in almost the most remote place possible during 2008, taking an unspecified hit from "an exposure to an Icelandic bank". read more

The improved credit ratings handed out - amid controversy - by Moody's Investors Service to a range of Australian banks in May 2007 are now under review. read more

ANZ may be preparing to bid for most of the Asian operations of Royal Bank of Scotland, possibly for as much as US$3 billion, the South China Morning Post reported on Saturday. read more