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The bank levy on Australia's five largest banks will cost the sector A$8.95 billion over the five years to 2022, budget papers released last night show. read more

Asset quality is smoking, the bad debt charge is down and there is barely a second thought about the dividend at Westpac. But the bank is heading for its lowest level of mortgage originations in years.. read more

Westpac will be the last bank to join the New Payments Platform. Real-time payments are now promised, for preferred bank customers, by the end of 2018. ANZ, also still missing, may clarify its entry p.. read more

Bank of Queensland and Suncorp will be the subject of case studies at the banking royal commission later this month, alongside all four regulars ANZ, Commonwealth Bank, NAB and Westpac. read more

Efficient on key fronts and the banking profit leader, there's only one way to sum up Macquarie Bank: the riskiest bank in Australia. read more

AMP is counting on civil action directed by ASIC in preference to prosecution for alleged criminal beaches. read more

ANZ will continue going after more owner-occupier borrowers, but CEO Shayne Elliott warns all borrowers will have to jump through higher hoops as the bank applies " a level of caution that will make i.. read more

The era of Aa and AA graded Australian bank credit ratings is almost over. The reporting schedule this week is ANZ, NAB, Macquarie and Westpac next Monday. A CBA update, who knows when.  read more

Endogenous shocks are the best. The bad debts charge across the banking industry will mount soon. read more

A curb on Commonwealth Bank's dividend payments looks a red hot risk as a panel of APRA scrutineers wrap up their examination of the bank. read more