The major banks have jacked up home loan rates for borrowers. The Commonwealth was the most generous only increasing rates by 0.15%, while Westpac hit borrowers the hardest, increasing home loan rates by 0.20% Of course, the banks blame Australia’s prudential regulator, APRA, for the move. But as Business Insider […]
Finally, some decent data from the banks.
A large part of that performance comes from their status within the Australian financial system.
What's being hidden?
Privatised profits and socialised losses.
C-suite sighs of relief.
Note to the majors - you're in for a fight.
"Competitive neutrality" some way off.
Assertions 'Australia's capital is middle of the road'.
The too-big-too-fail status could be on borrowed time.
Overseas pension funds step in.
Chorus is growing.
Boost for APRA.