Briefs: Orr talks inflation policy, BNZ customers high and dry on busy day 19 April 2022 6:19AM Latest news Banking Day staff RBNZ Governor Adrian Orr has been interviewed by the IMF on the New Zealand central bank’s approach to tackling inflation “during uncertain times”. read more
Get ready for bank capital buffer 16 December 2019 4:57PM Finance regulation Ian Rogers A countercyclical capital buffer - of the type ruled out by APRA only last week - may be needed as part of "a coordinated response if downside risks materialise," the International Monetary Fund said.. read more
IMF on high anxiety over Australian wealth and debt dynamics 08 April 2019 3:31PM Finance regulation Ian Rogers This morning (in part via the AFR) banks and the market have a heads up from the IMF that the APRA and RBA-driven hard U-turn in mortgage credit (and most of all for investors) are finally wearing bla.. read more
IMF elevates digital currency rationale 15 November 2018 5:23PM Finance regulation Bernard Kellerman In her opening keynote speech at the Singapore Fintech Festival yesterday, IMF managing director Christine Lagarde argued the case for a new digital currency, suggesting central banks could take an ac.. read more
IMF ups relief funding 26 April 2018 5:00PM Finance regulation Banking Day staff The IMF is "adapting its framework for providing support to low-income countries (LICs) amid rising vulnerabilities". Australia sits out this IMF reform. read more
Foreign news: US megabanks cash in on taxbreaks, IMF warns on debt 19 April 2018 1:34PM Foreign news Banking Day staff The four biggest US banks have just received the first instalment of benefits that corporate America will reap from lower federal taxes. read more
Briefs: Major banks' CEOs to face further scrutiny in October, IMF softens "housing bubble" rhetoric 22 February 2018 5:17PM Briefs Banking Day staff The House of Representatives Standing Committee on Economics said the next round of its regular scrutiny of Australia's four major banks will take place on 11, 12 and 19 October. read more
New Zealand drifts south on banking balance 21 July 2017 4:23PM Finance regulation Ian Rogers The Reserve Bank of New Zealand will keep playing one IMF game by Kiwi rules, at least when it comes to methods on prudential supervision in banking. read more
Levy and team Turnbull stretches industry all round 10 May 2017 4:01PM Finance regulation Ian Rogers Australia's four largest banks are the political and fiscal bullseye for a savvy tax of IMF design. Labelled a levy, the tax is projected to cost the industry A$6.2 billion over four years. This is a.. read more
EU and Australasian banking links bother IMF 10 May 2017 4:00PM Finance regulation Ian Rogers European banking linkages into the Australian and New Zealand banking sectors are skewed uncomfortably for the International Monetary Fund. read more
Housing bubble may yet trouble banks 13 February 2017 4:56PM Finance regulation Ian Rogers APRA renewed its threat of supervisory intervention, "probably in the form of higher capital requirements" on Friday - directed at banks unwilling to toe the line and curtail growth in residential pro.. read more
China's rising corporate debt puts banking system at risk 12 October 2016 5:19PM Ratings agencies Bernard Kellerman Post-GFC, the debt-to-GDP ratio for China has grown by a third, with corporate debt and car loans becoming a concern to S&P. read more
Household assets to income ratio 471% 27 August 2016 5:07PM Mortgages Banking Day staff <!-- /* Font Definitions */ @font-face {font-family:Cambria; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:auto; mso-font-pitch:variable; mso-font-si.. read more
German bank profit on the low side for IMF 04 July 2016 3:37PM Finance regulation Ian Rogers The International Monetary Fund holds "profitability concerns" for Germany's banking sector, Michaela Erbenova, head of financial supervision, told IMF Survey Magazine. read more