Bank dividend return ‘uncertain’: Byres 22 May 2020 5:32AM The deferral of bank dividends may be a long-lasting policy Wayne Byres, the APRA chief, suggested yesterday. read more
Rates markets 'working well' 22 May 2020 5:30AM The Reserve Bank's policy measures announced in mid-March “are working as expected” RBA governor, Philip Lowe, argued yesterday. read more
The customer 8 Westpac defence 18 May 2020 6:05AM Westpac’s “defence” to the landmark anti-money laundering litigation with AUSTRAC is that it barely has one. Many systems and checks failed, including second-line and third-line defences. read more
Deadpan ME had 5 months 15 May 2020 5:43AM Steering questions off to notice, with plenty of ‘I’m not sure’ and a bit of ‘you’ll have to ask them’, ME’s Jamie McPhee got the better of the House Economics committee yesterday. read more
CBA volumes hold on 14 May 2020 6:18AM Weekly application volumes trended lower over March, April and May “relative to the peak volumes experienced in February,” Commonwealth Bank said in a trading update yesterday. read more
Anything goes at AFG 14 May 2020 6:11AM A fully underwritten $60 million capital raising by AFG will be used to underpin its own-brand mortgage business, investment in mezzanine funding, IT upgrades or even “market opportunities that AFG mi.. read more
CASU hires CEO from CBA 12 May 2020 6:14AM Local boy returns with mergers on his mind: it’s almost a trend. Now Todd Roberts is the new chief executive of Credit Union SA. He’s from CBA, a business manager trained in state rounds. read more
Moody Members trips over year 12 May 2020 6:09AM When you’ve only got a Moody’s rating you probably paid for it. Moody’s rate RACQ Bank Baa1 (Stable). read more
Banking’s latitude tested 11 May 2020 6:34AM The total number of loans deferred is now at least 643,000. read more