Banks get a fix on costs 31 March 2020 5:30PM 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
RMBS freeze melts for FirstMac 30 March 2020 4:40PM The AOFM send a message to the market, buying one tranche of RMBS bonds well inside secondary market pricing. read more
Heck, Xinja in a World-spin 25 March 2020 5:33PM 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 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