Latest news and insights on banking and finance in Australia and New Zealand, as delivered in the daily 7am Banking Day email news service (subscribe or take out a free trial).
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BPS Technology launches IPO with ambitious growth targets for Bartercard
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29 July 2014 6:49amBPS Technology has set ambitious growth targets for its core business, Bartercard, in a prospectus issued yesterday. The company, which plans to list on the Australian Securities Exchange in September, aims to double Bartercard's member base over the next two years. » read more »
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Room to move on rates
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29 July 2014 6:46am
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Rate cutters aiming to push credit growth
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29 July 2014 6:45amLast week's co-ordinated cuts in five-year home loan pricing are a reminder of an industry searching for volume and cutting margins to attract it. » read more »
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Profit goals in reach
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29 July 2014 6:44amIf anything, banks have been slow to cut five-year rates, given margins have been moving their way since last year. » read more »
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Advertisement: Latest Careers in Banking
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29 July 2014 6:42am
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Hollow logging at NAB
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29 July 2014 6:42am
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More wearables on the way
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29 July 2014 6:40amInterest in harnessing wearable technology as a payments facilitator is on the rise, with Bendigo Bank and Visa both announcing developments in the area. » read more »
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Tax refunds will go to debt reduction and savings
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29 July 2014 6:38amClose to half the people receiving a tax refund this year will use it to repay debt and more than one-third will save it. » read more »
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Medibank mutuality hard to rebut
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29 July 2014 6:36amAll members and policyholders of Medibank own the equity in the health insurance company, its own accounts clearly declare. » read more »
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Many schools leavers 'disengaged'
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29 July 2014 6:35amAnalysis of the labour market experience of Tasmanian year 12 leavers highlights adverse workforce demographics in the state's economy. » read more »
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Briefs: RBNZ deputy to senior EMEAP role, Ultradata invests in Vermilian, US money market funds ditch ratings, Dorchester's car auction deal, Key backs RBNZ intervention
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29 July 2014 6:33amReserve Bank of New Zealand deputy governor Grant Spencer has been appointed to chair the Working Group on Financial Markets of the Executives Meeting of East Asia-Pacific Central Banks. » read more »
