{"id":28559,"date":"2025-07-28T22:51:14","date_gmt":"2025-07-28T22:51:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/28559\/"},"modified":"2025-07-28T22:51:14","modified_gmt":"2025-07-28T22:51:14","slug":"brokers-as-important-as-ever-for-australias-customer-owned-banks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/28559\/","title":{"rendered":"Brokers as important as ever for Australia&#8217;s customer-owned banks"},"content":{"rendered":"<p dir=\"ltr\">While these rules aim to ensure banks maintain sufficient liquidity to prevent another 2008-style crisis, majors like Commonwealth Bank and <a href=\"https:\/\/www.mpamag.com\/au\/companies\/anz\/421553\" rel=\"nofollow noopener\" target=\"_blank\"><a href=\"https:\/\/www.mpamag.com\/au\/companies\/anz\/300467\" rel=\"nofollow noopener\" target=\"_blank\">ANZ<\/a> use a quasi-self-regulated \u2018internal ratings-based\u2019 approach, whereas mid-tier banks, without access to large-scale risk-management teams, follow a standardised, invariably costlier, approach.<\/p>\n<p dir=\"ltr\">Announcing the three-tiered approach among other reforms earlier this month, APRA chair John Lonsdale said: \u201cCumulatively, we believe these measures strike a sensible balance between lowering the regulatory burden for banks while ensuring banks of all sizes have the financial and operational resilience to protect their depositors.\u201d<\/p>\n<p dir=\"ltr\">APRA\u2019s announcement about introducing additional tiering was welcomed by Lawrence, who said COBA has been advocating for this change \u201cfor a long time\u201d (including in its submission to the Council of Financial Regulator\u2019s Review into Small and Medium-sized banks).<\/p>\n<p dir=\"ltr\">It is unlikely to impact the continued trend of consolidation though, and ensuring COBA\u2019s members are sustainable through these challenges \u201cgoes to the heart of a lot of the advocacy work we do\u201d, Lawrence said.<\/p>\n<p>When two mutuals merge<\/p>\n<p dir=\"ltr\">When it comes to credit policies, COB mergers work in the same way as any other bank merger. Generally speaking, when a smaller entity merges with a larger one, the policies of the latter will remain.<\/p>\n","protected":false},"excerpt":{"rendered":"While these rules aim to ensure banks maintain sufficient liquidity to prevent another 2008-style crisis, majors like Commonwealth&hellip;\n","protected":false},"author":2,"featured_media":28560,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,27357,26619,44,16570],"class_list":["post-28559","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-customer-owned-bank","tag-mergers-and-acquisitions","tag-news","tag-regulation"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/28559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=28559"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/28559\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/28560"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=28559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=28559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=28559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}