BANKS

Policy & Regulation

The Federal Government has focused its Bank Executive Accountability Regime on the four big banks, giving smaller institutions an extra year plus more flexibility....

Policy & Regulation

The Government may have sought to use Parliamentary committee scrutiny of the big banks to avoid holding a Royal Commission but now that same committee intends to test th...

Policy & Regulation

The Federal Treasury has defended legislative provisions which would enable the Australian Prudential Regulation Authority to keep secret any instructions it may give to ...

Policy & Regulation

The major banks have formed a united front to call for a Government-backed inquiry into banking and financial services to remove all uncertainty....

Financial planning

Despite talk of a Royal Commission, the latest survey on bank satisfaction from research house Roy Morgan has confirmed satisfaction remains high....

Financial planning

The major Australian banks have reported a modest increase in aggregate profits amidst a challenging market environment and ongoing regulatory costs....

Policy & Regulation

The Australian Prudential Regulation Authority has granted the major banks some lee-way around the obligations to the Government’s new major banks levy....

Financial planning

Research from Roy Morgan has shown the four big banks have improved their customer satisfaction by 0.3 per cent points in the six months to June 2017....

Financial planning

The Big Four banks are enjoying their highest level of satisfaction among small, medium and large businesses while it had declined among micro businesses....

Policy & Regulation

The Federal Treasurer, Scott Morrison has not so subtly warned the banks against seeking to pass on the costs of meeting higher capital requirements to consumers....

Policy & Regulation

The major banks are likely to feel the squeeze as the Australian Prudential Regulation Authority has prepared to raise the bar on their capital adequacy requirements....

Policy & Regulation

The Federal Government has moved to lift the restriction on the use of the descriptor ‘bank’ in a move which is expected to see many more approved deposit-taking institut...

Funds management

South Australia’s proposed tax on major banks is an outrageous cash grab, according to the Australian Bankers’ Association....

Funds management

South Australia’s proposed tax on major banks is an outrageous cash grab, according to the Australian Bankers’ Association....

Policy & Regulation

The Federal Government has reminded the major banks the ACCC will be watching how they handle implementation of the major bank levy....

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