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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Mekong attracts ANZ
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26 April 2013 7:15amThe Mekong region will be an increasing priority for investment by ANZ as the bank responds to shifts in investment and trade flows. » read more »
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Suncorp keeps up the pace
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26 April 2013 7:14amSuncorp is maintaining a quick rate of growth in commercial and agribusiness lending, which, it says, is largely being funded by an increase in retail deposits. » read more »
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FOS dispute numbers down, but hardship still a hot issue
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26 April 2013 7:13amThe number of disputes lodged with the Financial Ombudsman Service declined sharply last year. Between the March quarter, when FOS received 9590 disputes, and the December quarter, when it received 7677, there was a 19.9 per cent drop. » read more »
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Dispute resolution benchmarks under review
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26 April 2013 7:13amOperators of dispute resolution schemes may have to improve the standard of their reporting, focus more on systemic issues in their jurisdictions and ensure that they take account of changing technology when they provide consumer access. » read more »
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If you want to learn more about process improvement strategies and techniques, attend Process Excellence for Financial Services 2013.
» read more »
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RBNZ warns on housing again
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26 April 2013 7:12amThe Reserve Bank of New Zealand has held its official cash rate at 2.5 per cent as expected, but has warned once again that it is monitoring the current strong housing inflation closely for risks to financial stability. » read more »
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Briefs: Fair Finance fined, RBA to hold assets in China, and more
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26 April 2013 7:10amFair Finance fined; RBA to hold assets in China; 70 NAB managers get pay boost; Euronet Worldwide sees declining Australian pre-paid mobile sales; and letters subsidised at Australia Post. » read more »
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Appointments: New head of St George in WA
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26 April 2013 7:09am
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Wipro bid for Bangalore hub
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24 April 2013 6:58am
- Slow growth and higher losses 'normal'
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24 April 2013 6:47amBanks and bank investors are stuck with slow growth and with housing price growth that will be slower in future than in the previous 30 years, a senior Reserve Bank of Australia official says.
» read more »
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Household savings grow
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24 April 2013 6:46amMedian household savings have almost doubled over the past year, according to a survey. » read more »
