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Banks lose patience with retailers
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19 February 2003 12:00amThe momentum for the banks' agreement on zero interchange arose from a consensus among banks but not a consensus on the industry working group that there was no longer any point managing the debate internally, and that it would be more effective to thrash out the issues via the ACCC. » read more »
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What the stakeholders say
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19 February 2003 12:00am• David Bell, executive director of the Australian Bankers Association, said banks had been working "cooperatively to achieve reform to Eftpos. It's just that in the last few days the Australian Retailers Association chose not to proceed further with those reforms." » read more »
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Banks confine Eftpos authorisation to zero interchange
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19 February 2003 12:00amBanks will confine their application to the ACCC for authorisation of the Eftpos system to a single issue only the agreement to set interchange at zero. » read more »
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Consumers lobby seeks Eftpos access conditions from ACCC
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19 February 2003 12:00amThe banks may not want to deal with access issues as part of the ACCC authorisation, but other interested parties are certain to force them do so. » read more »
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ATM & Eftpos statistics
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19 February 2003 12:00amAs pointed out yesterday, the Australian Prudential Regulation Authority data on ATM and Eftpos points of access, published on Monday, paint a different picture to those published by the Australian Payments Clearing Association. » read more »
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McPhee, Daniel promoted at Adelaide Bank
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19 February 2003 12:00amJamie McPhee, now head of lending, will become chief general manager, operations. McPhee will oversee the day-to-day operations of the bank, manage business development and also take responsibility for, Leveraged Equities, the bank's margin lending business. » read more »
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TCV's Dontschuk joins ANZ
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19 February 2003 12:00am
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Colonial backs Flexirent Capital
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19 February 2003 12:00amFlexirent Capital won development capital support from two Colonial managed private equity funds. Colonial's Diversified Private Equity Fund invested $12.6 million, while Colonial First State Private Capital invested $3.2 million. » read more »
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APRA paints new picture of payments market
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18 February 2003 12:00amNew measures of points of presence published yesterday by the Australian Prudential Regulation Authority leave plenty of room for interpretation or confusion. » read more »
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1,750 fewer branches
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18 February 2003 12:00amAPRA counted 3,280 bank branches at June 2002, compared with 4,710 counted by the Reserve Bank in 2001. » read more »
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Comparsions awkward, or even invalid
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18 February 2003 12:00am
