Banks get a fix on costs

Banks might share branches to cope with staff shortages.And the ACCC may have given the green light for banks to sharpen terms with Australia Post.Another outcome might be agreement on shared servicin.. read more

Heck, Xinja in a World-spin

In what amounts to a change of control, Xinja Bank have lured Dubai-based World Investments to commit A$433 million in capital. read more

A deluge of doubtful lending

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

FirstMac No

FirstMac has been rebuffed on its latest tilt at securing a banking licence. read more

Years of easy money

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

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

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

The Reserve Bank of Australia will publish a Monetary Policy Announcement at 2.30pm today. read more