The Australian banking industry's response to the challenge of its virulent reputation problems demands a little decoding. read more
Comment (187 items)
Comment: Opal dreams of Oyster's contactless reality
The NSW Government is moving towards a trial of debit and credit cards to allow commuters to make contactless payments for travelling on public transport. read more
Comment: Angered and enthused - the disconnected response to Labor's banking royal commission
Labor's call for a banking royal commission may have well and truly hit the right chords. First, with the mass market of voters (one that overlaps, by and large, with the "mass affluent" segment hunted by most retail banks). read more
Comment: Mortgagee in possession a local, not national, problem
The extent of "mortgagee in possession" by lenders, once a sore spot for financiers and the media, may be pretty modest at present. read more
Comment: Securency stench casts Stevens' allies adrift
As the second five year term of current RBA governor Glenn Stevens winds up, it's more than likely that an outsider, rather than an obvious insider candidate, will be selected as the next governor of the Reserve Bank of Australia. read more
Comment: Labor's banking inquiry shemozzle
Its popularity will be hard to argue with but the relevance and effectiveness of a royal commission into banking, as announced by Australia's Labor opposition, may be dubious. read more
Comment: Afterpay afterthoughts
A few observations, now that another "fintech" start-up is moving rapidly to grown-up. read more
Comment: Getting your head around negative interest rates
Negative interest rates are becoming all the rage. It follows on from the post-GFC fad of quantitative easing and many countries now have them; and even some companies too. read more
Comment: Debate over the return of dynamic provisioning
Some banks have expressed a desire for Basel III capital requirements to be reduced, to the extent that implementation of IFRS 9 results in increased provisions for credit losses. read more
Comment: Australian banks set sail for lending growth
The Australian banking industry is seeding a future credit boom with an openness to latitude in lending standards. read more
Comment: APRA stretches memory on housing market downturn
APRA executive Heidi Richards floored readers of her speech for a Sydney forum on Friday, in which she asserted that "we have never had a real housing market downturn in this country, at least not since the advent of the modern era of mortgage banking or the significant growth in the share of this lending for Australian ADIs." read more