Banking Day
4 days ago · 08 October 2024 6:42AM. Ian Rogers. Holding on to a traditional branch-based, and higher cost operating model, Regional Australia Bank c.. read more. 7am daily. News and insights on banking and finance. Free trial.
Pandemic-era TFF a 'success': RBA Review
5 days ago · Banks repaid all TFF funds as scheduled by mid-2024 without incident. The review of the TFF is the final of four reviews released by the RBA into these pandemic-era measures (with the fourth relating to Forward Guidance). “Overall, the TFF was effective in keeping credit flowing to the economy and in stimulating aggregate demand, as well as ...
Banking Day
27 September 2024 1:48AM. Ian Rogers. The Reserve Bank of New Zealand may be catching the reform bug, and has produced new analysis of th.. read more. 7am daily. News and insights on banking and finance. Free trial.
Banking Day
08 October 2024 6:35AM. The four day work week is an idea whose time has come, in banking and many industries, but Westpac were not for reforming when its staff and the Finance Sector Union came looking for a shorter working week in enterprise negotiations earlier this year. Instead, ‘tier one’ Westpac employees - those earning less than ...
The real story on real time - bankingday.com
6 days ago · The real story on real time. By Peter Drennan, Senior Business Analyst, PayDay News. With only five years to run until the proposed closure of the Bulk Electronic Clearing System (BECS), the New Payments Platform has just 10% of Account-to-Account (A2A) payments. A2A payments are a massive market, with $18.8 trillion in annual volume across 5 ...
PAYDAY NEWS debuts today - bankingday.com
6 days ago · Today, the Independent Payments Forum launches PAYDAY NEWS.. A weekly. $299 a year, inc gst. Subscribe HERE to PAYDAY NEWS.. Written by a team of industry experts such as Peter Drennan from QI Insights, Warwick Ponder, formerly Eftpos, payments commentator Brad Kelly and experienced financial journalists including George Lekakis and Michael Sainsbury.
Latest News - Banking Day
Oct 8, 2024 · Westpac settles 3-year pay deal. 08 October 2024 6:35AM Latest news. Ian Rogers. Westpac employee earning less than $102,000 will receive a 5% upfront pay increase in the first year of a new three-year pay deal. read more.
Four weeks to TFF deadline - Banking Day
Jun 2, 2024 · Pre-payments by banks ahead of the repayment deadline for the Term Funding Facility have been flowing through, with $30 billion repaid over the last 10 weeks. There is another $65 billion to go.
Banking Day
Independent and objective, Banking Day is a unique information service, supplying news, analysis and commentary on banking and financial services with a focus on Australia and also New Zealand. The work of a small, close-knit and deeply experienced team, readers of Banking Day look to our editors to provide concise, candid and sometimes ...
Banking Day
Banks’ funding costs have returned to pre-pandemic levels, with yields on bank bonds, mortgage-backed securities and at-call and term deposits all rising in recent months.