75

A sharp view against the One Nation bill seeking to prohibit the unlikely and entertain wingnuts has landed from a former key bank adviser, Nicholas Hossack. read more

Household financial stress was a mixed bag in June, though stress levels eased overall - a relief for banks and mortgage funders. read more

The RBA’s $90 billion Term Funding Facility, intended to support business credit, seems to be missing the mark. “SMEs generally aren’t looking for credit,” industry analyst Neil Slonim says. And use o.. read more

The worldwide assault on bank profits will exceed US$2.1 trillion over 2020 and 2021, S&P Global Ratings concludes in a lengthy assessment of the COVID-19 pandemic and its “large and long-lasting.. read more

Deferred home loans represent 11 per cent of the $1.7 trillion combined mortgage book of the 20 largest banks and ADIs. But the data is fluid and its reliability questionable. read more

Once at the forefront, neobanks and fintechs are nowhere to be seen in the world of consumer credit reporting. ARCA have shared rare insight into the composition of the consumer credit market. OTOH ha.. read more

Sixteen months after being tasked to do so, APRA has disposed of three of the 12 cases that Kenneth Hayne referred to the regulator for further investigation in the banking royal commission’s final re.. read more

The ABA has suspended publication of its weekly updates on new levels of lending and loan deferrals. read more

Interest rates on home loans in Australia are now less than 2 per cent. read more

All-in-one and “Your complete payments solution” are the bravado claims of Zeller Ltd, the latest fintech start-up to believe it’s figured out business banking from the client side. read more