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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Real-time payments project moves to next phase
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20 June 2013 6:52amAPCA's real-time payments program is moving into the next phase of its development, and APCA will announce the appointment of a program manager shortly. » read more »
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Comprehensive credit reporting only a first step, say lenders
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20 June 2013 6:51amThe consumer finance industry will push for more changes to the credit reporting rules once Australia's new comprehensive credit reporting regime comes into effect next year. » read more »
- Two banks commit to gender targets
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20 June 2013 6:51amANZ and Commonwealth Bank may set targets that will "improve the representation of women in leadership" posts » read more »
- S&P wary on Wide Bay
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20 June 2013 6:50amStandard & Poor's said yesterday that it had revised its outlook on Wide Bay Australia to negative from stable. » read more »
- UK bank execs warned failure may cost them
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20 June 2013 6:50amSacked bank executives in the UK may lose all their deferred pay under rules proposed by the Parliamentary Commission on Banking Standards.
» read more »
- Briefs: NAB feels slowdown, BOQ on target and RBNZ looks at payments
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20 June 2013 6:49am
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ANZ NZ faces NZ$250 million class action suit
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19 June 2013 6:59amLawyers campaigning to build Australian-style class action lawsuits against banks in New Zealand over exception and dishonour fees have announced they will file legal action against ANZ next week over damages they claim could reach NZ$250 million. » read more »
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Australian bank fees class action scheduled for December hearing
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19 June 2013 6:58amA claim against ANZ, on behalf of 38,000 customers, for the repayment of "unconscionable" exception fees will be heard in the Federal Court in Melbourne in December. » read more »
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NSW Government extends First Home Owner Grant
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19 June 2013 6:58amThe New South Wales Government's Budget, which was handed down yesterday, includes an extension of the First Home Owners Grant. » read more »
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St George's Business Connect project moves out of pilot phase
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19 June 2013 6:57amSt George Bank will implement its Business Connect program in 150 branches, after completing a "very successful" pilot of the small business banking project. » read more »
