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Banks are expected to have plans in place to ensure account holders can be reimbursed within seven days in the event of a bank failure. Accordingly, APRA has released a new prudential standard intend.. read more

Banks have satisfactory access to the short-term debt market for now, even as wobbles in emerging markets unsettle financial markets generally. read more

Banks in Australia are the fifth most profitable in the world - and the most profitable if the banking industries of the four BRIC economies are overlooked. read more

A diversification into personal loans and commercial loans by Wide Bay Australia is among the elements of the "higher-risk strategy" cited by Standard & Poor's last week as grounds for a cut in.. read more

Standard & Poor's lowered its long-term issuer credit rating on debenture issuer Angas Securities to B- from B on Friday. It is the second downgrade from S&P this year for Angas. read more

The cost of banking for households and businesses is falling, according to two annual studies by the Reserve Bank of Australia and the Australian Bankers Association. read more

ANZ and Commonwealth Bank may set targets that will "improve the representation of women in leadership" posts read more

Standard & Poor's said yesterday that it had revised its outlook on Wide Bay Australia to negative from stable. read more

The Australian Government is showing renewed interest in making use of "digital credentials issued by commercial providers such as financial institutions" to help improve the delivery of government.. read more

A plan for a populist lending mandate for the Reserve Bank of Australia is before the Parliament. It is proposed by Lower House MP Bob Katter. read more