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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Investment housing loan demand recovers in Melbourne and Sydney
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12 October 2004 12:00amThe Australian Bureau of Statistics housing finance data covers August 2004, and this monthly series is always about six weeks out of date. Now one prominent mortgage marketer wants to share even more timely information about the state of the mortgage market. » read more »
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ANZ narrowly misses Permata
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12 October 2004 12:00amANZ Bank may have been a exceptionally close runner up for the 51 per cent stake in Bank Permata that Indonesia's banking restructuring authority has decided to sell to a consortium led by Standard Chartered Bank. » read more »
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Mercer chief backs Asian investment
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12 October 2004 12:00amJohn Drzik, chief executive at consultants Mercer Oliver Wyman, in an interview on Friday backed efforts by those Australian banks seeking to invest in Asia. » read more »
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Standard Chartered picked for Bank Permata
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11 October 2004 12:00amStandard Chartered Bank beat three other banking consortiums (one of them including ANZ Bank) to emerge as the preferred bidder for Indonesia's Bank Permata. » read more »
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BankWest sets pace in high yield segment
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11 October 2004 12:00amBank of Western Australia has stormed to the lead of the high yield deposit account segment, with an interest rate of six per cent. » read more »
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Four pillars still out of reach
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11 October 2004 12:00amWhat initiatives have the Liberal and National party coalition had in mind for the banking sector over the last eight years but never had the confidence to try on the Senate, which the coalition government may control from July 2005. Nothing, probably. » read more »
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NAB's wrong number
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08 October 2004 12:00am
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Stewart takes his time
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08 October 2004 12:00am
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Kiwibank subsidy
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08 October 2004 12:00amKiwibank's narrow operating loss of NZ$490,000 in the year to June 2004 is improved by a little-noticed subsidy from its owner, New Zealand Post, a columnist argues in the National Business Review. » read more »
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ANZ still chasing Bank Permata
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08 October 2004 12:00am
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NZ Nationals back single regulator
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08 October 2004 12:00amJohn Key finance spokesman for the National Party in New Zealand called for a trans-Tasman banking regulator. In a speech reported by the New Zealand Herald and delivered to the Conference of Independent Financial Advisers in Christchurch, Key said a combined Australia and New Zealand banking supervisor would save money and strengthen consumer protection. » read more »
