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
Xinja burns latest cap raise 16 November 2020 6:11AM Xinja Bank’s ‘pillar 3’ report for the September 2020 quarter suggests its losses over the quarter burned through most or all of the $10 million capital raised that month. read more