NPP Roadmap blurs blooming debut

The NPP wholesale transaction cost “continues to decline” and is now below 10 cents. But long-planned add-ons to the NPP are delayed, such as richer message standards and offshore payments. read more

RBA broadside savages yields

Payments volumes tanked in October, providing a bleak background to the Reserve Bank’s well-telegraphed easing of monetary policy settings yesterday. read more

ANZ ducks as quick Crennan clears ASIC air

In Banking Day’s opinion the market and the public and the parliament are chronically under-informed with regard to the context and the scale of the apparent carelessness of ASIC’s deputy chair and ch.. read more

RACQ bogged by banking

Fully impaired is phrase you won’t often read in connection with the goodwill from a recent banking takeover. Over the three years since diversifying into banking, the operating losses from RACQ Bank.. read more

Liquidity stuffup draws APRA penalty

For now there is no supplement to the operational capital charge of Bendigo and Adelaide Bank, but there will be, with the bank named and shamed twice in short order. read more

Sims RAMS fintechs hard

Failures will forge many bank and fintech bonds but the more strategic fintech bank mergers will be hard to explain away to the ACCC and its hopeful chair Rod Sims. read more