Joseph Healy

Latest

Banking regulator targeting lax standards for business lending

3:39AM | Friday, 15 March

The country's banking regulator has said it will start cracking down on banks if it believes lending standards have become too relaxed, as some reports have indicated, but business leaders say SMEs are still strapped for cash.

NAB hikes business loan rates again

7:13AM | Wednesday, 25 July

The National Australia Bank raised its business lending loans rate by 20 basis points yesterday but the other major lenders are reluctant to reveal whether they will also bump up loan rates.

Online banking surge fails to dampen SME branch visits

5:25AM | Tuesday, 24 May

New research reveals more Australians do their banking online rather than visiting a branch, although industry experts say face-to-face service still resonates with small business customers.

NAB executive admits banks have failed SMEs

2:06AM | Thursday, 24 February

The head of business banking at NAB says small businesses have been left behind by the banking system, admitting that banks focus on larger companies.

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