A deluge of doubtful lending 23 March 2020 5:25PM Demand for business credit for the next few weeks may be the biggest it has ever been and banks will be sorely tested by the avalanche of flaky applications for working capital finance linked to gover.. read more
Douugh backs into ASX 23 March 2020 5:21PM Fintech company Douugh has engineered a backdoor listing on the ASX via Ziptel Limited. read more
FirstMac No 20 March 2020 5:19PM FirstMac has been rebuffed on its latest tilt at securing a banking licence. read more
Years of easy money 20 March 2020 5:16PM Payment volumes across the NPP fell heavily in February, are falling hard at CommBank, and cash demand from ATMs is down by more than ten per cent in one week, just more context for a hard about turn.. read more
APRA provides capital relief 20 March 2020 5:13PM Bank capital is a new policy lever, and APRA has given banks approval to use their capital buffers to fund lending, to help support the economy. read more
Funding for foolhardy lending 20 March 2020 5:01PM Bank CEOs today will parade before the cameras at a meeting with regulators and declare they will do as they are asked, or cajoled, or told - and keep the lending taps open. read more
RBA rights rates 19 March 2020 5:15PM The Reserve Bank of Australia will publish a Monetary Policy Announcement at 2.30pm today. read more
Credit losses 'broader, sustained' 18 March 2020 5:07PM Credit losses "to double in 2020" is the cautious headline and lowball estimate from S&P Global Ratings in an appraisal yesterday on the impact on banking from the social and financial contagion r.. read more
G&C a rare bird amid credit fuss 17 March 2020 5:01PM While "everyone's worried depositors will take money out of smaller banks, we've seen no evidence of that" G&C Mutual Bank says. read more
RBNZ adds to premium credit crisis in Australia 16 March 2020 5:30PM The secondary market for bank and structured debt was in a shocking state on Friday, and the RBNZ's cut in the cash rate an hour ago - to 0.25 per cent from 1.00 per cent, and a bit of a surprise on a.. read more