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).
- Davis takes helm at BOQ
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29 May 2013 7:13amBank of Queensland has appointed former ANZ executive Roger Davis as chair of its board. » read more »
- ANZ passes the wooden spoon to Westpac
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29 May 2013 7:12amAfter spending a year as the big bank with the lowest retail customer satisfaction rating, ANZ has improved its position and now ranks ahead of Westpac in the latest Roy Morgan Research survey. » read more »
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Micro business depends on Tax Office credit
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28 May 2013 7:07amThe supply of on-demand credit from the Australian Taxation Office continues to grow quickly.
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Digital MailBox reveals payment options
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28 May 2013 7:06amAustralia Post's new Digital MailBox service will give users three payments options – its own Post billpay system, BPay or a credit card payment. » read more »
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Loveless BOQ stretches the truth
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28 May 2013 7:05am
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Demand for contactless payments strenghtens
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28 May 2013 7:04amReports of problems with a contactless payment system installed at British retailer Marks & Spencer, which led to some customers being charged twice, have sparked a consumer backlash. However, the market in Australia is going from strength to strength.
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CEFC receives proposals for more than A$10 billion in projects
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28 May 2013 7:01amThe head of the controversial Clean Energy Finance Corporation, Oliver Yates, says the agency has already attracted interest from more than 150 projects, with a total capital cost of more than A$10.5 billion, in its first two months of operation.
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Brief: Board renewal at ThinkSmart
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28 May 2013 6:59am
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GE Capital off the leash
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27 May 2013 7:14amGE Capital extracted a higher yield from a stubborn portfolio over 2012, producing returns sufficient to ensure support from head office to grow the business yet again. » read more »
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Investec back in the black
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27 May 2013 7:14amInvestec Bank Australia has returned to profitability. As a result of a significant decline in impairments, the Australian operation contributed £3.4 million to group earnings for the year to March 2013.
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Church funds get one more year to scrap at-call accounts
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27 May 2013 7:13amLittle scrutinised deposit-taking entities, many of them run by churches, will have one more year to meet new rules that require them to convert retail at-call investments into debenture offerings that have a minimum maturity of 31 days. » read more »
