APRA single-minded on Basel III

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

Capital mysteries to remain, says APRA

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

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

NAB picks new data centre

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

People's Choice digs in

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

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

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