Strategic pause for CBA

While tempting to conclude it will be business as usual at Commonwealth Bank following the change of CEO later this year, the selection of a comparatively inexperienced executive, in banking at leas.. read more

Surcharging scourge overstated, say merchants

More research is needed into the incidence of credit card surcharging before any regulatory steps are taken to curtail merchants' present freedom to levy their customers, or so the retail industry l.. read more

Work picks up on 'living wills'

Both the big banks and the bank regulator are stepping up work on "living wills" as an alternative to the capital surcharge that could be needed if banking regulations in Australia follow the princi.. read more

Incremental IT investment suits ANZ

ANZ will maintain three separate core banking systems into the foreseeable future, the bank confirmed at a briefing on the bank's technology strategy on Friday. read more

Internal cloud the limit of ANZ plans

ANZ will stick to an internal model for cloud computing in the medium term, and in part because financial regulators often do not like the use of external providers to store sensitive bank data. read more