APRA single-minded on Basel III 24 November 2011 6:11PM Australia's chief banking regulator and the new head of the bankers' lobby group clashed once again yesterday over the speed of Australia's implementation of the Basel III capital and liquidity rule.. read more
Less bank lending is one APRA liquidity option 24 November 2011 6:07PM Australia's larger banks presently have on hand 31 per cent of the funds needed to meet projected cash outflow needs in a crisis, the Australian Prudential Regulation Authority estimates. read more
Capital mysteries to remain, says APRA 24 November 2011 6:05PM Outsiders studying banks and bank capital often find their analysis limited by the bank regulator's secrecy over the actual capital ratio that it dictates to each entity. read more
Banks pay resources rent tax 24 November 2011 6:04PM Foreign banks will wait another year for cuts to interest withholding tax, with the planned change deferred to fund the exemption of less profitable mining companies from the resources rent tax. read more
Analysis: Scrap tax relief on interest income instead 24 November 2011 6:02PM Bank executives who are understandably peeved at being made to wait until 2016 for the reduction of interest withholding tax might consider whether there are any options to avoid this measure. read more
NAB picks new data centre 23 November 2011 6:03PM National Australia Bank will lease a new data centre at Deer Park in Melbourne from Digital Realty Trust. The bank will be the first customer in Australia for the US-headquartered firm. read more
Credit union tiddlers make no profit 23 November 2011 5:56PM Concentration ratios are rising, albeit slowly, in the sector occupied by credit unions, building societies and the newly minted mutual banks. read more
People's Choice digs in 23 November 2011 5:55PM People's Choice Credit Union has declared that it is "forever in Adelaide", a stance that helps explain the decision to commit to leasing seven floors in a 14-storey development in the city. read more
Thousands register for Kaching 23 November 2011 5:49PM Commonwealth Bank says it has more than 12,000 people registered to learn about the availability its planned mobile payments application called Kaching. read more
NAB plants flag in China 22 November 2011 5:28PM National Australia Bank said yesterday that it has "officially" opened its first branch in China. The bank received regulatory clearance to open the branch in June. read more