Self-assessments 'will be public' 18 November 2019 4:55PM Both APRA and potentially the banks it supervises are being pushed toward a culture of openness, a challenging theme for the industry in 2020. read more
Harder to resolve mortgage arrears 18 November 2019 4:53PM The RBA says improvements to lending standards have placed downward pressure on home loan arrears, but many troubled borrowers are remaining in arrears for longer. read more
Cameron banks on mutual choice 15 November 2019 5:49PM Michael Cameron, the former CEO of Suncorp, has joined People's Choice Credit Union as its new chair. read more
ASIC smokes out lending nonsense 15 November 2019 5:41PM Look at APRA policies and not ASIC's before renewing any whining on access to credit. read more
Byres protests at bank bonus cranks 14 November 2019 5:08PM Disquiet around the planned new prudential framework for bank remuneration in APRA-regulated firms is generating threats of shareholder revolts, APRA chief Wayne Byres said yesterday. read more
Bank payrolls at low ebb 14 November 2019 5:06PM A decent pay rise in finance depends on an enterprise agreement, and an employer that can manage interest margins. read more
MoneyPlace pivots to B2B 14 November 2019 5:02PM Fintech MoneyPlace - a personal loans specialist - is pushing into new markets as a white-label suppliers of personal loans for larger banks, including a handful of its funders. read more
Margin wanes at CBA 13 November 2019 5:11PM Increased staff costs - a function of an overload of priority risk and compliance programs and customer remediation programs - chewed into the profit of Commonwealth Bank over the September 2019 quart.. read more
APRA levels bank playing field 12 November 2019 5:07PM At APRA, "we now hear from candidates for IRB status that they are concerned the proposals being developed will not provide them with any capital benefit whatsoever," APRA chief Wayne Byres told a mut.. read more
BCAM slams banks on climate risk readiness 12 November 2019 4:58PM Just 78 per cent of banks carry out climate risk assessments, a study by Boston Common Asset Management shows.That's 78 per cent of 58 of the world's largest banks, meaning 45 banks, "including the li.. read more