Banking Day. News and insights on banking and finance. Free trial
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Despite recent rate hikes from many banks, property investor borrowing accelerated by 0.8% over December – the fastest rate of growth since June 2015. This pushes the annual growth figure for investment housing credit up to 6.2% from 5.6%, according...
Last week, a Liberal Party insider told me a bank royal commission was “one major stuff-up away”. While this does not fit with the denials by both the Prime Minister and the Treasurer (who said the call for a royal commission was a “populist whinge”...
For some time the team at Montgomery have been reporting on the risks to the relative competitive position of the major banks including doing so prior to the publication of David Murray’s Financial System Inquiry (FSI) report. You can read some of our...
COMMONWEALTH Bank of Australia (Commonwealth Bank) and its three main competitors may need as much as A$30 billion (US$25 billion) after a government-commissioned inquiry called for ‘unquestionably strong’ capital levels, analysts said. The shortfall...
Bendigo Bank is owned by Westpac however it has it's own Australian Credit License. List of Authorised Deposit-taking Institutions - Australian ... www.apra.gov.au › Home › Authorised Deposit-taking Institutions AMP Bank Ltd; Australia and New Zealand...
SOCRATES Journal is an international, refereed, and indexed scholarly publication focused on public policy, administration, and ph...
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https://www.bankingday.com/nl06_news_selected.php?act=2&selkey=22208 Kiwibank yesterday evening alerted debt investors it "cannot proceed with the settlement" of a A$175 million, ten-year bond pr...
Digitisation project to cut cost of cheques
The Australian Payments Clearing Association will introduce new digital cheque imaging technology in June, paving the way for the physical exchange of cheques to be replaced by electronic transmission...
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