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Turbulence in the management ranks of Genworth Financial in Australia is generating talk that the proposed sale of a 40 per cent stake in an IPO may be shelved. read more

The household saving ratio took off once more over the September 2013 quarter, rising to 11.1 per cent from 10.2 per cent in the June quarter on a seasonally adjusted basis. read more

"Consumer advocate" Michael Fraser provided another twist in tale of the escalating wrangle between himself and Commonwealth Bank yesterday when he published evidence of the bank's surveillance of h.. read more

Bank of Queensland scored another favourable appraisal from a credit rating agency, Fitch Ratings, on Friday, which revised its outlook to positive from stable. read more

The utility of Australia's financial system over the last two decades is the subject of a harsh critique by one of the industry sectors that has most benefited from the "financialisation" of the eco.. read more

At Bank of Queensland we can "now legitimately call ourselves a national bank", says the bank's new chair, Roger Davis. He was speaking at BOQ's annual meeting yesterday. read more

Swan Hill Credit Union is considering a merger with bankmecu. read more

APRA chair John Laker shot down a possible topic for lively debate yesterday that may be addressed by the forthcoming financial system inquiry. read more

Australian governments may have to shed their aversion to public debt in order to help stimulate investment in infrastructure, Reserve Bank deputy governor Philip Lowe said yesterday. This will be m.. read more

Foreign banks are well in the black, reporting the kind of profit margins last seen before the global financial crisis. Quarterly data on bank performance produced by APRA shows foreign branch banks.. read more