Mortgage tracker rates follow the cash rate. www.shutterstock.com

Business Briefing: rate tracker mortgages

Business Briefing: rate tracker mortgages The Conversation16.3 MB (download)
Rate tracker mortgages could provide some certainty for customers and increase trust in the banking sector.
Some have accused Narendra Modi of leading a ‘directionless’ government, but his focus has been on tackling some of India’s biggest pain points. Harish Tyagi/EPA/AAP

Critics of Modi’s first year forget the legacy he faced

Given the legacy issues Modi had to take on, his first year in office stands up to criticism.
What happens now for the reputation of the Reserve Bank of Australia? AAP/Alan Porritt

The RBA and wrongdoing: Caesar’s wife must be above suspicion

Media reports about alleged involvement of subsidiaries of Australia’s premier financial institution and regulator, the Reserve Bank of Australia, in bribery cases would disturb every right-minded Australian…
HSBC chief executive officer Irene Dorner testifies before the US Senate about allegations of money laundering within HSBC. AAP

HSBC’s money laundering scandal is more than just risky business practice

Recent news that HSBC executives admitted to allowing Iran, terrorists and drug dealers to launder nearly USD$16 billion over a six-year period would make earth underneath you shake. How is that the bank’s…
Could online peer to peer lenders compete with major banks? Flickr: Alan Levine

Could peer‑to‑peer lending challenge our banks?

In a recent speech, Bank of England executive director Andy Haldane has said that peer-to-peer (P2P) lending through online sites has the potential to eventually replace old-fashioned banking. It was followed…
Banks such as NAB are reportedly positioning themselves to use covered bonds to raise funds.

Banks want covered bonds, but could taxpayers be left with the risk?

Australian banks are positioning themselves to take advantage of new laws allowing them to use the new instrument of covered bonds to raise funds. Our large banks especially have enthusiastically welcomed…
UBS chief Oswald Gruebel has stepped down after a rogue trader cost the bank $US2.3 billion. AAP

As UBS boss quits over rogue trader, banks must face some risk realities

The chief executive of Swiss banking giant UBS, Oswald Gruebel, has quit following revelations of a $US2.3 billion fraud by “rogue trader” Kweku Adoboli. But the news will come as cold comfort for investors…

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