Banks say global capital arms race abating

Westpac treasurer Curt Zuber said he believed regulators around the world were paying more attention to the trade-off ...

Pressure to raise more capital in an arms race with banks overseas is easing, say treasurers from two big four banks, as global bank regulators put a higher priority on boosting economic growth.

APRA puts banker pay under microscope

Pay packets can be a key influence on risk-taking in the financial sector, APRA said.

The financial regulator will launch a review of how senior staff in banks, insurers and wealth managers are paid, as it ups pressure the industry to improve its attitude towards risk-taking.

Investor mortgage interest rate gap narrows

The interest rate gap is narrowing for property investors.

Banks are being forced to cut the interest rate premium they are charging new property investors, as lenders compete more fiercely in the investor mortgage market once again.

Retailers cash in on Halloween bounty

Halloween celebrations: Jason Brivik comes to grips with the Circus of Screams at Luna Park.

Australians will spend more than ever on Halloween this year as retailers cash in on the spooky celebration to drive sales in the lull between the football finals and Christmas.

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