APRA may resolve dividend distraction 23 July 2020 3:54AM Dividend seekers will be pinning their hopes on a more accommodating policy on capital management from APRA next week, but don’t look for any rush on the part of sell-side banking analysts to restore.. read more
Credit wanderers count on liquidity 22 July 2020 6:32AM The supply of business credit “appeared to have tightened,” the Reserve Bank of Australia curtly declared in the minutes of its Monetary Policy Meeting two weeks ago. read more
LoanSleeper widened as income support cut 21 July 2020 6:53AM Philip Lowe and Josh Frydenberg will take it in turns today to reframe the macroeconomic narrative in Australia. Yesterday’s nugget: the underwhelming SME Guarantee Scheme for business lending has bee.. read more
Roberts deposit bill astray 16 July 2020 6:07AM 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
No pay, no rent, no stability 14 July 2020 6:23AM Household financial stress was a mixed bag in June, though stress levels eased overall - a relief for banks and mortgage funders. read more
TFF misses business lending target 13 July 2020 6:33AM 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
Trillions of dud loans 13 July 2020 6:31AM 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
APRA snaps at mortgage and SME loan quality 10 July 2020 6:51AM 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
Back to front in CCR 06 July 2020 6:30AM 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
Suncorp, Colonial fenced over MySuper 03 July 2020 6:14AM 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