No house price moves is good news 02 August 2018 5:18PM One of the main conclusions from a Standard and Poor's luncheon briefing this week on the property market and its effects on the banking sector in Australia is that no major movements are likely for e.. read more
Slowdown will be benign, says S&P 02 August 2018 5:15PM The flow-on effects of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry into the real economy have dampened banks' risk appetites. read more
Pepper closes another A$1bn non-conforming RMBS deal 01 August 2018 4:45PM Non-bank lender Pepper Group has priced its second A$1 billion non-conforming RMBS issue for 2018, four months after the company priced a similarly sized and structured issue. read more
US move, new local lending boost Credit Corp's FY18 profits 01 August 2018 4:44PM Diversifying away from a single income stream and into new geography and a new consumer lending arm has proved a successful strategy for Credit Corp Group, which reported a 17 per cent profit increase.. read more
Human error behind most data breaches 01 August 2018 4:42PM The second "Notifiable Data Breaches Quarterly Statistics Report", covering aggregated data for the three months from 1 April to 30 June 2018, has been circulated by the Office of the Australian Infor.. read more
Hartzer promises to fast-track Westpac's rehabilitation 27 July 2018 5:02PM Westpac is not waiting for change to be imposed on it by the Hayne royal commission, its Group CEO told the Amercian Chamber of Commerce in a wide-ranging speech addressing what he called "the trust g.. read more
Royal Commission freeze on Big Four NIMs 27 July 2018 4:40PM Earlier this week, Australian regional banks Bendigo and Adelaide Bank and the customer-owned Teachers Mutual Bank increased their home loan rates, maintaining their net interest margins at a time whe.. read more
New gift card rules boost consumer rights 27 July 2018 4:38PM The Commonwealth Government has released an exposure draft of the Competition and Consumer Amendment (Gift Cards) Bill 2018 and explanatory materials for public consultation. read more
ANZ settles on sale terms for pensions and investments arm 27 July 2018 4:32PM ANZ has updated the market on progress towards the sale of its former OnePath pensions and investments business, and its aligned dealer groups, to IOOF. This follows on from a move first announced in.. read more
Royal commission eroding customers' bank advocacy 27 July 2018 4:30PM The latest series of results from Roy Morgan research shows that bank customers are now less likely to recommend their bank than they were prior to the banking royal commission. And the banks that app.. read more