The Australian real-time slowdown 03 September 2020 6:18AM The RBA's Real-time Gross Settlement Statistics and snap view of NPP volumes for August are awful. read more
$200bn TFF extended to June 2021 02 September 2020 6:33AM Deposit rates are headed for zero, but in the interests of mitigating bank funding risk, the RBA will increase the size of the Term Funding Facility and make the facility available for longer. read more
Clean cash back and front at RBA 01 September 2020 6:20AM The diminished demand for cash – via exaggerated concerns over the Covid-risks from handling grimy banknotes and coins – is real but overstated. And from this week the Reserve Bank pledges to “work to.. read more
TFF finds little credit in business lending 31 August 2020 6:14AM Will the TFF be renewed and even re-priced? Soon it will be time for the RBA to tell. read more
Suncorp ‘could do better’ 24 August 2020 5:51AM With a messy mix of rising cost ratios and a declining market share, Suncorp Bank is showing “the early signs of improvement”, or so group CEO Steve Johnston says. read more
RACQ CEO drives south 20 August 2020 6:46AM RACQ Bank has lost its CEO, Michelle Bagnall, who is headed for Victoria as the new CEO of Bank First. read more
Calamity Jim McEwans banking rot 17 August 2020 6:38AM Ten million new businesses must be ushered into view to replace the 2 million blown off course so far by the coronavirus but NAB is barely in sight as a contender to serve this market. read more
LMI claims severity ‘likely to increase’ 14 August 2020 6:33AM Potential claims from 'credit exposed classes' - lenders’ mortgage insurance, trade credit and landlords’ insurance – will define the QBE Group insurance profit in the period ahead. read more
CommBank calm amid the credit stress 13 August 2020 6:44AM The loan loss rate doubled at CBA over FY2020 – to 33 basis points from 16 bps in 2019 – but to a level still less than half the loss ratio of 73 bps in FY2009 in the washup of the GFC. read more
Working capital worries finance 12 August 2020 6:06AM The finance sector is hit almost as hard by the pandemic as the rest of the economy, with firms drawing out payment terms and cutting payroll. read more