'Below system - No problem' at NAB

National Australia Bank expects to have pared back its interest-only lending to within APRA's 30 per cent cap by the last quarter of the year, managing director Andrew Thorburn said yesterday. read more

Mortgage strife concentrates for Genworth

Mortgage delinquencies managed by insurer Genworth Australia nudged higher over the three months to March 2017 quarter and have crept up by around one quarter over the last year or so. read more

Insolvencies near GFC levels

The number of personal insolvencies rebounded over the March 2017 quarter - and are now approaching the levels seen during the global financial crisis. read more

Jaws droppers scale ANZ cost and risk

ANZ is getting "closer and closer" to the point where its diminishing institutional banking and surplus Asian banking interests are pared down to a level that suits the bank. "We're focused on busines.. read more

Earnings vice bothers ANZ

Low wages growth and low credit growth are constraints facing the entire banking sector, Shayne Elliott, chief executive of ANZ said yesterday. "If this continues, this will curtail credit growth to f.. read more

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