Retained earnings support banks and economy

The lift in dividend pay-out ratios by Australian banks is out of kilter with worldwide trends, which have seen internationally active banks curb dividends to build capital, according to analysis by.. read more

NAB screws down staff costs

National Australia Bank is dragging the chain on staff pay rises. The Financial Sector Union said that last week NAB had made "the lowest pay offer among the big four banks." read more

Brake needed on dividend payouts

Increased dividend payout ratios and other measures that reduce capital are concerning APRA. In its journal, Insight, the regulator highlights recent steps taken by the banks to "implement various c.. read more

MyState looking for expansion opportunities

MyState Financial says it aims to "retain… capacity for both organic and inorganic growth opportunities", a sign it may be a bidder once more for small-scale deposit taking entities. read more

Banking security algorithms compromised

Western security services have undermined "the major tools protecting the privacy of everyday communications in the internet age", including in banking transactions, newly disclosed documents from a.. read more

Bank capital rules subject to another review

The Financial Stability Board says it is undertaking a strategic review into whether the current capital framework achieves the right balance between simplicity, risk sensitivity, and comparability.. read more