MEasly returns persist

ME Bank is yet to meet a key financial goal, even as the bank ploughs along with a pricey investment program and business restructuring that it hopes will enable it to finally earn its industry supe.. read more

Hockey throws banks some bones

Commonwealth government bonds will be in more abundant supply as the new Australian government faces up to the fiscal choices ahead of it. The Australian Office of Financial Management says treasury.. read more

PPSR awareness questioned

Many trade credit suppliers have yet to register their security interests with the Personal Property Securities Register, National Credit Insurance (Brokers) believes. NCI collates research on trade.. read more

Remittance flows attract interest

Xpress Money, a South Asian money transfer company, hopes to snare more market share in Australia, taking aim at a sector that the World Bank estimates is worth A$18 billion a year. read more

Bank margins earn Feds' ire

Banks may be overcharging for business finance, Bruce Billson, the minister for small business, told the Franchise Council of Australia Conference yesterday. read more

Industry corralled on payments

Banks may have to pick more senior staff to negotiate investment priorities on payments when they work through a new industry body. The Reserve Bank and the Australian Payments Clearing Association h.. read more

Mutuals ponder equity flexibility

Credit Union Australia, the country's largest mutual ADI, plans "a more comprehensive overview" of rules that inhibit its demutualisation", the board disclosed in the notice for its annual meeting t.. read more

Resimac ahead in RHG race

Resimac has elbowed its way to the status of preferred bidder in the contest to take over RHG, the remnant of Rams Home Loans. read more