137

The Wallis era in Australian prudential regulation may be bought to close by a Labor government. APRA seems bound for a reunion with the Reserve Bank of Australia and even ASIC's status as a separate.. read more

Mobile payments remain cellar dwellers in the payments mix in Australia, accounting for only "around one per cent of the number of point-of-sale transactions" over a week surveyed by Ipsos for the Res.. read more

Prosecutions over misuse of market power seem pending in banking, with drastic options ahead for the ACCC.Macquarie, ANZ, Commonwealth Bank, Westpac and National Australia Bank are five obvious banks.. read more

With a muted benefit for the industry from the ABA's reform program, it is the rival agenda of financial regulators and the cohesion of the public-sector championed reform that leaves citadels of Aust.. read more

Questions of industry structure in an oligopoly sector occupied a speech on Thursday by Rod Sims, the chair of the ACCC, for a Communications Day conference. read more

Cartel pricing terms and profit shares are being reset under our noses. Australian taxpayers, the ultimate stakeholders in banks, have Ian McPhee and the Australian Bankers Association to thank for sh.. read more

The Reserve Bank of New Zealand will keep playing one IMF game by Kiwi rules, at least when it comes to methods on prudential supervision in banking. read more

APRA's capital crackdown means up to A$10 billion in extra capital will be needed across major banks by 2020 - and a margin increase of 10 basis points is fine with APRA. read more

"Offshore funding" for Aussie banks is looking tenuous again. (That's our word, not APRA's.) With banking crises and a recession now looking more probable than not in Australia it's time for a reset... read more

The work on bank capital in Australia is not yet even half done by APRA. Conclusive guidance on risk weighting for the major banks (and maybe all entities) remains a work in progress or a secret too s.. read more