Lucy Dean

Major bank exec joins APRA

The Australian Prudential Regulatory Association has completed its transition to a new organisational structure with the appointment of two new executive general managers

ECONOMY • Wed, 28 Jun 2017

Fresh warnings over rising debt levels

The Bank for International Settlements has been forced to “shout a bit louder” about excessive debt levels in its latest report, according to a banking analyst.

ECONOMY • Tue, 27 Jun 2017

Commercial lending in a ‘credit crisis’

A non-bank boss has warned that the commercial lending sector is currently experiencing an “Australian version of a credit crisis” as funding at the big end of town dries ...

LENDER • Sun, 25 Jun 2017

Bankers slam SA government’s ‘outrageous cash grab’

The South Australian government’s proposed $370 million levy on Australian banks has been labelled an “outrageous cash grab” by the Australian Bankers’ Association

ECONOMY • Fri, 23 Jun 2017

NAB hikes IO rates by 35 basis points

A major Australian bank has announced today a rate hike of 0.35 per cent on interest-only loans.

LENDER • Fri, 23 Jun 2017

APRA’s next target: commercial lending

Poor reporting of bank lending in the commercial sector could precipitate regulatory intervention, a non-bank lender has forecast.

LENDER • Thu, 22 Jun 2017

Rates hikes driving home loans arrears: S&P

More and more households are falling behind on their mortgage repayments as a result of rising home loan interest rates.

ECONOMY • Thu, 22 Jun 2017

New CFO appointed at Latitude Financial Services

An ex-Bank of New Zealand chief financial officer has been announced as the new CFO at Latitude Financial Services.

ECONOMY • Thu, 22 Jun 2017

APRA curbs will drive apartment oversupply: BIS

Growth in house prices will slow or possibly decline over the next two years as regulatory measures and tighter credit weigh on Australia’s booming apartments market.

ECONOMY • Wed, 21 Jun 2017