Latest Articles
Corporate Banking

Why Australia won’t catch the Greek disease

Europe is again on the brink after the Greek revolt against austerity. If Greece defaults will it be 2008/09 all over again? In 2008, of course, the collapse of Lehman Bros ...
By - May 18 2012 - No Comments
Retail Banking

Australia’s banks facing a culture shift

THE Australian banks have always tapped debt markets to find money for lending that their deposits don't provide. They are cutting back now, but the day when they are totally ...
By - May 7 2012 - No Comments
Corporate Banking

Unhappy bank customers start Bank Reform Party to contest next election

DISGRUNTLED bank customers and former staff have joined forces in a bid to contest the next federal election. The Bank Reform Party, founded by members of Unhappy Banking, will seek registration ...
By - May 7 2012 - No Comments
Retail Banking

ASX closes at new eight-month high

The Australian sharemarket closed at a new eight-month high in quiet Asian trade as markets continued to price in fresh US and European stimulus measures and Reserve Bank easing tomorrow ...
By - May 7 2012 - No Comments
Corporate Banking

How we are blinded by the banks

The big banks ... they have no God-given right to sustain their profit margins, no matter what. Illustration: Karl Hilzinger. There's a paradox in our relationship with the big banks. Whenever they ...
By - May 7 2012 - No Comments
Commercial Lending

Bankwest accused of colluding on defaults

ABOUT 400 angry ex-Bankwest customers say the bank has been colluding with property valuers to force commercial borrowers to default on their loans. The Perth-based bank is facing two potential ...
By - April 15 2012 - No Comments
Mortgages

Low-doc house of cards testing articles of faith

KATE Thompson was one of Australia's top 10 mortgage brokers. She wrote more than $100 million in loans in a single year and, by her own account, was more likely ...
By - April 15 2012 - No Comments
Corporate Banking

Regulator APRA stands firm on Basel 3

AUSTRALIA'S bank regulator has resisted pressure from lenders to water down tough new rules on the capital they hold on their balance sheets. The Australian Prudential Regulation Authority also plans to ...
By - April 1 2012 - No Comments
Corporate Banking

RBA calls big banks’ bluff on funding costs

The central bank this week confirmed suspicions that the big four are using margins as a lever to maintain profitability, writes Eric Johnston. Is the Reserve Bank ever-so-gently putting pressure on ...
By - April 1 2012 - No Comments
Corporate Banking

Record number of homes loans under water

Banks are desperate to keep lending despite a record number of Australians being 'under water' on their mortgages and the Reserve Bank of Australia's (RBA) warning against chasing unrealistic profits. More ...
By - March 31 2012 - No Comments
Page 1 of 2:1 2 »