Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 208 results for "Banking system"

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
... that "things can turn out much better" than during the GFC. "This time around we are dealing with a much healthier banking system; we are dealing with a credit market situation that overall has not, especially in real estate, taken unnecessary risks ...

RBA expands stimulus measures to states

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
... targeting a yield on three-year Australian government bonds of around 0.25%, launching a term funding facility for the banking system and remunerating exchange settlement balances at 10 basis points instead of zero. When announcing the quantitative measures ...

Banks defer small business loan repayments

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... financial strength of the system for many years, when banks had the capacity to do so. "As a result, the Australian banking system is well-capitalised by both historical and international standards," Byres said. "APRA's objective in building up this ...

RBA pulls QE trigger

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... targeting a yield on 3-year Australian Government bonds of around 0.25%, launching a term funding facility for the banking system and remunerating exchange settlement balances at 10 basis points instead of zero. The move comes after RBA governor Philip ...

Financial regulators poised for action

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... markets. The CFR said that while Australia's financial structure is resilient, and the funding position of the banking system is strong, regulatory initiatives were still required to support markets. As such, the CFR said the regulators were looking ...

Tech to topple banking: RBA

ALLY SELBY  |  WEDNESDAY, 18 DEC 2019
Tech companies are poised to disrupt the dominant position of the big four banks on the financial system in the coming years. That's according to the RBA's head of financial stability Jonathan Kearns, who on Monday at the Australasian Finance and Banking ...

Westpac gives investors an out

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... in banking. Following shareholder queries, ANZ chief risk officer Kevin Corbally yesterday said protecting the banking system from criminal use was one of ANZ's "most important roles" and one its staff took seriously. "ANZ has been working with AUSTRAC ...

Chief economist update: When QE is not QE

BENJAMIN ONG  |  MONDAY, 14 OCT 2019
... level of economic activity. These purchases are purely technical operations aimed at maintaining reserves in the banking system at an ample level that supports the efficient and effective implementation of monetary policy." Potato or potatoe, the fact ...

NEOS upgrades super product

KARREN VERGARA  |  THURSDAY, 11 JUL 2019
... a secure, event-driven messaging platform to deliver real-time data to regulators, superannuation funds and the banking system. This results in rapid, error-free transaction processing for new policies, refunds, claims or commissions, ensuring Australians ...

Finnies showcase best in fintech

ELIZABETH MCARTHUR  |  THURSDAY, 13 JUN 2019
FinTech Australia announced the winners of the 2019 Finnies, showcasing innovation in financial technologies. AirWallex won three awards, including Biggest Raise of the Year for its $141 million capital raise. Afterpay took home two awards and was named ...