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Suncorp Group intends to issue a new perpetual, subordinated, convertible, unsecured security to create eligible Additional Tier 1 capital. read more

The third bank to join the Standing Committee on Economics review of Australia's four major banks - for its third hearing - was National Australia Bank. Its executives were more forthcoming in front o.. read more

The banking sector and its advisors have had their first look at the proposed legislation, introduction into Federal Parliament, with a number of differences immediately apparent. read more

The increasingly diversified non-ADI lender, Liberty Financial has reported a pre-tax consolidated profit of A$76.3 million, a four per cent rise on last year's result ($73.7 million). read more

At the MyState Limited annual general meeting, company chairman Miles Hampton reported that the group's statutory profit increased from A$28.3 million to A$30.1 million. read more

MyState Limited chairman Miles Hampton, speaking at the funder's annual general meeting, has called on the government and the regulators to limit the unfair cost advantage delivered to the major banks.. read more

Of all the Big Four banks, ANZ remains alone in its willingness to deal with Apple Pay and is therefore the only major bank that can utilise the new technology, as it has done by making mobile payment.. read more

Moody's Investors Service has warned that housing affordability for new borrowers - measured as the proportion of household income needed to meet mortgage repayments - deteriorated on average across A.. read more

The sell-down by ANZ Group of its non-core, non-home market businesses continues apace with the announcement that ANZ has agreed to sell half of its 40 per cent stake in the Philippines based Metroban.. read more

The chief risk officers and their teams within financial services firms are primarily concerned with cybersecurity and data-related risks at their firms, according to the eighth annual global bank ris.. read more