RBNZ and APRA see sense on bank capital 09 December 2020 6:32AM The counter-cyclical capital buffer will be 1.0 per cent by default for Australian banks from 2023. There will be an increase in capital ratios overall, and maybe no need to tap the market for capital.. read more
Australia a B grade credit 08 December 2020 6:00AM Victoria and NSW see their credit ratings shot down. read more
APRA plans to stretch bank capital buffers 04 December 2020 6:28AM The ‘buffer’ framework in bank capital management is up for an overhaul as part of a wider “package of bank capital reforms.” APRA will release more detailed thinking for consulation next week. read more
Liberty float on leaky mortgage pool 30 November 2020 5:46AM Liberty Financial are forecasting that their business will take a backward step in their core product, residential mortgage finance, ahead of their upcoming ASX listing. read more
Bank cyber calamity ‘too close for comfort’ 27 November 2020 5:57AM The thin credentials of the Australian finance industry’s most senior people - bank boards included - stand exposed after a landmark (and devastating) speech yesterday by APRA member Geoff Summerhayes.. read more
S&P NOHC AMP Capital Notes beyond junk 27 November 2020 5:54AM With changes in the AMP group's business mix, S&P Global Ratings is clearer what form of financier AMP really is: 'We now assess it to be mainly a banking group'. read more
Debelle works the Lowe-rate RBA 25 November 2020 6:18AM READ ON ONLY IF YOU ACCEPT THE TERMS OF ACCESS AND USE FOR BANKING DAY. read more
Queensland Country hugs Maleny 19 November 2020 6:06AM The MCU board on Wednesday told members it “has unanimously resolved to engage in a merger with Queensland Country Bank. read more
MCU braces 18 November 2020 6:09AM MCU Ltd is facing legal action from Ezifin over an aborted takeover bid. read more
Xinja caps deposit interest at $50k 17 November 2020 5:55AM Xinja Bank has imposed a cap of A$50,000 on the level of deposits in its Stash account on which it will pay interest. read more