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23 November 2024 • By [email protected] • 1 min read

Banks pivot as RBA drains liquidity

The Australian banking sector has moved to limit its dependence on cheap COVID-era funding as the Reserve Bank winds back measures to cool inflation

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Banks urged to ‘justify’ exceptions to lending guardrails

The prudential regulator has reinforced home loan serviceability standards as banks increasingly apply for exceptions amid fears borrowers have been ...

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Banks’ profitability soars

The banks have had an exceptionally strong financial year 2020-21, with industry profitability surging by over 20 per cent compared to a year earlier

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Beforepay preps for $35m IPO

The popular pay-on-demand app is talking up recent retention and acquisition figures as it prepares to list on the ASX.

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BetaShares to double down on crypto with new BTC and ETH funds

BetaShares says that the CRYP ETF is only the beginning.

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Beware the ‘false dawn’ in the property market: Oxford Economics

The recent “stabilisation” in residential property markets is unlikely to endure, with the protracted battle against inflation threatening to trigger ...

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Big 4 exposed for hedging bets on climate change

Activists say that Australia’s financial institutions are hedging their bets on climate change.

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Big banks called to face parliament

Australia’s major banks have been summoned to parliament to face scrutiny over their business practices and adherence to community standards and ...

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Big banks put through new stress test

The prudential regulator is set to release the results of a new stress test assessing the stability of the banking sector following a shock to the ...

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Binance advocates for a crypto bill of rights

One of the world’s biggest cryptocurrency exchanges has pitched the idea of a crypto bill of rights.

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Binance charged for ‘deceptive’ trading activity

The crypto trading platform has denied engaging in an “extensive web of deception” after being hit with a swathe of charges by the US corporate ...

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BlackRock pivots to private credit ahead of potential ‘boom’

Higher exposure to private credit could help “fill the void” left by banks as their risk appetites wane amid market volatility, according to the ...

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BlackRock spruiks value stocks in ‘higher for longer’ rate environment

The global asset manager is favouring uptake in value stocks in lieu of a prolonged monetary policy tightening cycle. 

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BlackRock unveils new Australian equities strategy

Restructuring BlackRock’s “high conviction” funds is among a series of confirmed changes to the global investment manager’s Australian equities ...

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Bond yields rise, equities dip as US economy signals strength

Stronger-than-anticipated retail sales growth in the United States has shifted interest rate expectations yet again, prompting markets to reassess the ...

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Bond yields surge, some gains to endure: Oxford Economics

Long-term yields would likely retain more of their recent gains than initially anticipated, Oxford Economics has claimed, following the latest spike ...

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BOQ takes hit to bottom line, prematurely redeems capital notes

A goodwill write-off and increased investment in the bank’s risk management practices are set to impair its half-year earnings. 

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Bravura Solutions partners with Super Fund of the Year Awards

The software provider has signed on as a partner of the 10th annual Super Fund of the Year Awards.

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Bullock ‘surprised’ by property rebound, flags inflation risk

The Reserve Bank governor has warned that the resurgent residential property market could slow progress to the inflation target.

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Bullock-led RBA hands down cash rate verdict

The central bank has issued its first monetary policy update with new chair Michele Bullock at the helm.

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