FAR out, Hayne echo bothers boards

Directors’ fees will soon be in seven figures at many bigger banks. The Financial Accountability Regime is BEAR on steroids coming for directors and thousands more of the banking elite. read more

Banking braces for Sydney curfew

Three months loan deferrals will soon be forever deferrals as the lawless Sydney culture drives the city in the direction of an extended coronavirus lockdown and curfew conditions. read more

ARCA, ABA review Codes

The treatment of joint accounts and the sensitive topic of financial abuse feature in an overhaul of the Credit Reporting Code. read more

Banks back away from provisions hack

A fragmented and reactionary response by banks to the Covid wildfire in greater Sydney is preparing the industry to reverse the reversal of provisioning that was the highlight of the most recent profi.. read more

CBA red-faced over pay deal

Blunders by CommBank - damned by the Fair Work Commission as misleading, even deceitful - will push up the cost of the pay rises agreed for most of the bank’s staff. read more