http://www.bankingday.com/index.php Banking Day en-au Copyright Banking Day 2010 hourly 1 1970-01-01T00:00+00:00 http://www.bankingday.com/RDF/manage_head1.gif http://www.bankingday.com/ Banking Day http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12751 Greens MP Adam Bandt plans to amend his banking bill to require banks to offer mortgages that pass on any Reserve Bank rate cut in full. Banking Day 2012-02-07T06:45:34+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12752 The Australian banking system is among those most exposed to fallout from the euro area, ratings agency Moody's said yesterday. Banking Day 2012-02-07T06:44:42+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12749 Australia rated eighth among 44 countries surveyed in the latest BlackRock Sovereign Risk Index released yesterday. Banking Day 2012-02-07T06:42:58+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12750 National Australia Bank is one of the backers of a new fund raising capital to invest in corporate debt. Banking Day 2012-02-07T06:41:59+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12748 The Productivity Commission is putting the finishing touches to a draft report on the Export Finance and Insurance Corporation that is due for release in the next week or two. But one thing is already clear: Australian banks have a poor reputation when it comes to the export finance market. Banking Day 2012-02-07T06:39:52+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12746 Is it thin holiday trading and the optimism of a new year that tends to result in financial markets putting on a good show in January, or is there more to it this year? Will 2012 see some recovery after a dismal 2011? Banking Day 2012-02-06T06:59:55+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12747 Westpac has delayed adjustment to home loan repayments, after last year's rate cuts, by several months. Banking Day 2012-02-06T06:57:40+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12745 Analysts are expecting those banks reporting December-half interim results -  Commonwealth Bank and Bendigo & Adelaide Bank - to report subdued earnings growth. Banking Day 2012-02-06T06:53:15+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12744 Australian bankers have different worries to those overseas: concerns about political interference; their dependence on technology, and trends in emerging economies, particularly China. Banking Day 2012-02-06T06:49:10+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12743 Veda absorbs clients' PPSR charges. Banking Day 2012-02-06T06:46:15+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12741 Mortgage aggregator AFG reported yesterday that January volumes were down 15 per cent on December’s and 37 per cent on November's sales - its peak month for 2011. But January is usually a slow month for mortgage sales. Banking Day 2012-02-03T06:49:01+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12740 Several news sources have reported confirmation from Westpac's management that it has cut 560 positions. Banking Day 2012-02-03T06:44:10+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12739 A four-day-old production backlog of Personal Property Securities Register registrations was set to start clearing overnight.  Banking Day 2012-02-03T06:41:38+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12738 Debt collector Credit Corp has maintained last year’s strong earnings momentum with a 23 per cent increase in net profit for the first half of the 2011/12 financial year. Banking Day 2012-02-03T06:40:11+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12737 Tony Richards is to take over as head of payments policy at the Reserve Bank of Australia. Banking Day 2012-02-03T06:38:32+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12736 The Bank of Melbourne notches up 50 branches, while Heritage Bank goes national and S&P rates the Police Departement Employees Credit Union. Banking Day 2012-02-03T06:36:56+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12734 Macquarie Group is reported to be one of at least four bidders for the asset management business being sold by Deutsche Bank. Banking Day 2012-02-02T07:02:56+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12733 Holiday Coast Credit Union has had to abandon a planned issue of preference shares to members that would have raised A$1.8 million in capital because the proposal has fallen foul of the prudential regulator. Banking Day 2012-02-02T07:01:48+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12732 The adequacy of data transferred from security registers maintained by the ASIC to the new Personal Property Securities Register has emerged as the most common source of discontent with users of the new register. Banking Day 2012-02-02T06:58:55+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12731 Lenders are failing to give proper consideration to applications from borrowers suffering financial hardship, says the Credit Ombudsman Service in its just-released 2011 annual report. Banking Day 2012-02-02T06:57:21+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12730 Maurice Blackburn Lawyers files further claim in the Federal Court against Westpac. Banking Day 2012-02-02T06:55:48+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12729 Kiwibank rating review, Westpac waits for Hartzer and Macquarie promotes Banking Day 2012-02-02T06:54:33+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12727 Some banks are withholding payments to car dealers pending a resolution of the problems with search functions on the new Personal Property Securities Register. These continued into the second day of operation yesterday. Banking Day 2012-02-01T07:24:33+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12726 European banks may raise the best part of €1 billion in three-year funding from the European Central Bank. Banking Day 2012-02-01T07:21:59+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12725 The move by credit unions and building societies to become mutual banks is gathering momentum, with the Defence Force Credit Union announcing yesterday that it has APRA approval to change its name to Defence Bank. Banking Day 2012-02-01T07:20:52+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12724 Some of the key people behind the failed MyATM business have started a new business using what appears to be the same business model, news service InDaily reports. Banking Day 2012-02-01T07:20:14+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12723 ATM fleet operator Customers will report a fall in earnings of as much as 25 per cent when it releases its financial report for the December 2011 half year. Banking Day 2012-02-01T07:18:52+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12728 Credit quality indicators were mixed at Bank of Queensland in the November 2011 quarter, the bank's "pillar 3" disclosures shows. Banking Day 2012-02-01T07:17:45+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12722 The general insurance industry suffered an aggregate underwriting loss in 2011 and will struggle to make a profit this year, according to a new industry study. Banking Day 2012-02-01T07:17:18+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=12721 Search functions were often unavailable, slow to respond or produced duplicate results on the first day of operation of the new Personal Property Securities Register. Banking Day 2012-01-31T06:54:19+11:00