BANKS

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...

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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 ...

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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....

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Financial planning

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

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Financial planning

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

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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....

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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....

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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....

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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....

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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....

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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...

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Funds management

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

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Funds management

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

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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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Financial planning

The Finance Sector Union has urged NAB chief executive, Andrew Thorburn to have the bank shoulder responsibility for compliance failures rather than blame financial plann...

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MARKET INSIGHTS

GG

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