6

Additional Tier 1 capital, once the hot new thing, is to be eliminated from the capital structure of banks in Australia. read more

There were 33,290 full-time equivalent employees on the Westpac payroll at the end of Brian Hartzer’s tenure as CEO of Westpac. And 35,350 FTEs now. read more

The monthly payments data from the RBA showed a very large drop in personal account numbers in July.  read more

Banks and non-banks know what they are doing most of the time when it comes to loosening the credit taps.   read more

Is there a more influential, powerful and as hard working a person as Matthew Comyn, managing director of Commonwealth Bank of Australia.   read more

For owner-occupiers with variable-rate loans, the Reserve Bank estimates that around 5 per cent “are in a particularly challenging situation.” read more

Mortgage-backed and asset-backed funding is looking at a record year in 2024. read more

The Federal Court has ruled in favour of the ACCC in proceedings against Mastercard, over the relevance of Reserve Bank of Australia payments data to a marathon civil trial scheduled for next year. read more

Kate Howitt will join the board of Commonwealth Bank from 1 October 2024. read more

Conditions are as good as they have ever been for mortgage brokers and mortgage aggregators. read more