RBA unfazed by mortgage rate hikes 06 November 2015 5:04PM The effect of the current wave of out of cycle home loan rates rises on the economy "may not be large," a sanguine Reserve Bank of Australia governor told a social conference yesterday. read more
Bad debts fade away at CBA 06 November 2015 5:03PM The credit quality story continues to improve in the industry, with a marked improvement for Commonwealth Bank disclosed in its quarterly earnings over the three months to September 2015. read more
Latitude taken with GE Capital sales 05 November 2015 5:58PM Latitude Financial Services will be the new name of the GE consumer finance business in Australia and New Zealand, the buyers of the business said yesterday. read more
Renminbi swap a thorn in global policy 05 November 2015 5:57PM Australian credit lines to China are small beer among 18 money centres in the thick of the transformation of the world capital market. read more
OTC reporting reform holed 05 November 2015 5:56PM More satisfactory reporting of over the counter derivatives is underway but the arrangements are nowhere near complete. read more
Northern Beaches mutual washed west 05 November 2015 5:54PM At least three smaller credit unions are in the course of merging. read more
Small lenders raise their variable mortgage rates 04 November 2015 5:04PM Bendigo and Adelaide Bank yesterday upped their home loan rates, following the lead of ME Bank which, in lifting its rates last week, in turn took its cue from the major banks before it. read more
Bank of Melbourne confounds the critics 03 November 2015 4:51PM One measure of Westpac's priorities for its business arises from the use of new staff. read more
Consolidation dominates the ADI sector 03 November 2015 4:49PM Further strengthening of capital "is likely to be necessary to accommodate additional international reforms as well as the recommendations of the FSI," APRA said in its 2015 annual report. read more
Industry toes the line on investor lending cap 03 November 2015 4:48PM All large banks with material investor loan portfolios have committed to operate at or below APRA's ten per cent growth benchmark in the period ahead, the banking regulator said in its 2015 annual rep.. read more