Banks and banking

FAST Record ID: 
826867

Briefing paper

21 Jun 2018

This paper provides information on the interactions of Aboriginal and Torres Strait Islander people with financial institutions, including banks, insurers and superannuation funds.

Briefing paper

15 Jun 2018

This paper discusses access to, and use of, financial services by those in regional and remote areas and challenges people may face when accessing financial services.

Briefing paper

18 May 2018

In response to a request from the royal commission, APRA has prepared this paper on the effect on an authorised deposit-taking institution’s (ADI) Tier 1 capital, where a loan is classified as impaired, a provision is raised and enforcement action against the loan’s security is...

Briefing paper

14 May 2018

This background paper provides information about small and medium-sized enterprises (SMEs) in Australia, and describes some ways that SMEs interact with providers of financial products. This paper also highlights that there is no single definition of an SME in Australia, and that data about SMEs...

Commentary

11 May 2018

The banking royal commission has exposed senior management, boards and regulators to unprecedented scrutiny — and the problems don’t end with the finance sector, writes Michael Gill.

Briefing paper

7 May 2018

The scope of this paper is limited to small business credit in the form of loans, both secured and unsecured. It does not consider other banking facilities, financial products or financial services. It is intended to provide an overview of the relevant issues, and does...

Report

1 May 2018

This report is comprehensive and contains a large number of findings and recommendations. Its overarching conclusion is that "CBA’s continued financial success dulled the senses of the institution," particularly in relation to the management of non-financial risks.

Briefing paper

27 Apr 2018

This paper responds to a request from the Royal Commission for background on the capital prudential framework applying to the banking industry, with particular regard to the current and proposed treatment of residential mortgage lending and lending for small and medium-sized enterprises.

Discussion paper

22 Mar 2018

Over the ten years to 2026-27, when the total benefit to companies is estimated at $65 billion, The Australia Institute estimates the big four banks will receive a ‘gift’ of $9.5 billion, with the Commonwealth Bank alone to receive $2.8 billion.

Briefing paper

19 Mar 2018

Reforms are being introduced to improve the efficiency and level of competition in consumer lending, with a goal of driving better pricing, enhanced access to finance and new products and services.

Report

15 Mar 2018

The opaque pricing of discounts offered on residential mortgage rates makes it difficult for customers to make informed choices and disadvantages borrowers who do not regularly review their choice of lender, this report by the ACCC has found.

Report

15 Mar 2018

This report provides more detailed guidance to bank and non-bank lenders about compliance with the unfair contract terms laws, as they relate to small business.

Discussion paper

5 Mar 2018

This consultation paper sets out our proposals for two aspects of our oversight role regarding the Australian Financial Complaints Authority (AFCA). It also seeks feedback on whether financial firms need any transitional relief from external dispute resolution disclosure obligations in the lead up to commencement...

Briefing paper

22 Feb 2018

This background paper provides information about two particular industry participants in the Australian mortgage broking market, mortgage brokers and mortgage aggregators, some features of the Australian mortgage broking industry and the main services provided by mortgage brokers and mortgage aggregators.

Report

15 Feb 2018

This report presents the findings of our surveillance under s912E of the Corporations Act of six credit rating agencies in Australia. The surveillance period was 1 January 2016 to 31 October 2017.

Briefing paper

12 Feb 2018

This background paper provides information about the range of Australian banking industry participants, the relative market share of those participants, the size of the Australian banking industry, the range of products offered and the profitability of the sector.

Report

Giving customers choice, convenience and confidence
9 Feb 2018

Open Banking has the potential to transform the way in which customers use and benefit from the banking system. This final report makes fifty recommendations, on the regulatory framework, the type of banking data in scope, privacy and security safeguards for banking customers, the data...

Draft report

7 Feb 2018

This inquiry focusses on competition in Australia’s financial system as a means to improve consumer outcomes, enhance the productivity and international competitiveness of the financial system and the broader economy, and support ongoing financial system innovation — without undermining financial stability objectives.

Audio interview

7 Feb 2018

The Productivity Commission has questioned the effectiveness of the decades-old 'four pillars' banking policy, describing it as 'ad hoc' and 'redundant'.

A draft report into competition in the financial system also says the banking regulator APRA's recent 'blunt intervention' in reining in the...

Report

1 Feb 2018

APRA has released this progress report by the panel appointed by APRA to conduct a Prudential Inquiry into the Commonwealth Bank of Australia (CBA).