[SYDNEY] Australia's banks have deferred payments on at least A$200 billion (S$185 billion) in loans as an economic shutdown to fight the novel coronavirus throws hundreds of thousands out of work...

[SYDNEY] Australian banks on Friday said they would defer loan repayments for six months for small businesses impacted by the coronavirus in a A$100 billion (S$83.3 billion) relief package.

[SYDNEY] Australian banks will take large losses from loans to businesses in the tourism and education sectors this year, while facing a broader hit in housing loans if the Covid-19 outbreak...

[SYDNEY] Australia's prudential and corporate regulators are checking the contingency plans of banks and other financial institutions to prepare for a potential coronavirus pandemic which could...

[SYDNEY] Australia's prudential regulator said on Friday it was developing a new stress testing framework for the country's banks after a review showed they needed to improve their internal...

[SYDNEY] Australia's bank watchdog on Wednesday said it had decided to keep the extra capital buffers banks are required to hold for emergencies at zero, but flagged the likelihood of a change at...

AUSTRALIA'S major banks are facing pain on a new front, as New Zealand's announcement on Thursday of tougher capital requirements is expected to hit already-weakening dividend payout ratios.

[SYDNEY] Australia on Monday announced the country's consumer watchdog would investigate mortgage pricing after the country's largest banks refused to pass on recent interest rate cuts in full....

AUSTRALIA'S three biggest banks said they will test a new bank-guarantee platform for shopkeepers that uses a shared database, claiming the project would mark the world's first use of blockchain...

[SYDNEY] Australia's big banks - once among the most profitable in the world - are being forced to amass war chests worth billions of dollars to reimburse customers for years of dodgy fees.