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Showing 1 - 10 of 216 results for "Banking system"

Industry welcomes government's productivity push

RIDDHIMA TALWANI  |  WEDNESDAY, 13 MAY 2026
... support productivity growth across the financial services sector are vital to maintaining a strong and competitive banking system." ABA also welcomed the projected improvements to the overall budget position through lower deficits and a more sustainable ...

APRA shuffles executive director lineup

ELIZA BAVIN  |  TUESDAY, 31 MAR 2026
... technical knowledge of global capital markets and related frameworks, which support the maintenance of stability in the banking system," APRA said. "During his time with Deutsche Bank, Peter provided strategic advice to a wide variety of banks and insurance ...

Chalmers looks to shore up fuel supply as Iran war continues

ELIZA BAVIN  |  MONDAY, 23 MAR 2026
... Chalmers said. "While Australia is not immune to global challenges, we have strong economic fundamentals and our banking system is well-capitalised." Chalmers added that the government and financial regulators "remain vigilant" to emerging risks and ...

ASIC releases legal obligations for private credit funds

ELIZA BAVIN  |  TUESDAY, 9 DEC 2025
... practices following observations of poorer practices. ASIC said if "done well", private credit can complement the banking system and provide further opportunities for innovation, employment and growth. ASIC warned that the catalogue does not include ...

New government must prioritise payday super: SMC

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
... days. SMC pointed out flaws in the payment processing under the current Bulk Electronic Clearing System (BECS) banking system, which is not optimised to meet the aims of the policy. "While investment in developing the New Payments Platform (NPP) banking ...

Investors warned to sell hybrids before phase out

ELIZA BAVIN  |  WEDNESDAY, 26 MAR 2025
... required to restore stability and "minimise the risk of contagion", APRA said. "Capital is the cornerstone of the banking system's ability to withstand financial stress. While Australia's banks are unquestionably strong, overseas experience has shown ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... measures in place, it should be noted that the only way members can move money out of the super system is through the banking system, which already has very rich data and systems in place to help identify scams and fraud. "Australia's superannuation ...

Muzinich & Co. partners to launch infrastructure debt strategy

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
... globally are primed for alternative capital solutions providers to bridge the funding gaps from the traditional banking system. "Our unique partnership will offer investors a differentiated value proposition to the growing capital demand in the region." ...

Betashares launches Australian Major Bank Subordinated Debt ETF

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... term to maturity of 10 years. Betashares said the Australian major banks are foundational pillars of the local banking system and are considered some of the best capitalised major financial institutions globally. "Generally, Tier 2 floating rate subordinated ...

Threats outside the Australian financial system build: RBA

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
... financial stability posed by the non-bank financial intermediaries sector are relatively contained. "The Australian banking system could manage an unexpectedly large deterioration in economic conditions as overall capital levels are high and lending ...
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