ABA hits credit card reform process

The ABA has hit out at the credit card reform process, saying it has made reform "resource intensive, costly and a significant business undertaking" and that the reforms will likely have "marginal" im.. read more

APRA warns about risk temptation

Australian Prudential Regulation Authority chairman John Laker has warned that the prospect of "life in the slow lane" may tempt shareholders to make banks take more risk or to weaken risk-managemen.. read more

European referendum fear grows in markets

As Banking Day was dispatched this morning, Greek Prime Minister George Papandreou was set to begin the latest crisis meeting on how to arrest the deepening European financial crisis. read more