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Australian governments and project sponsors "need to embrace new forms of infrastructure financing", the Prime Minister, Kevin Rudd, said in a speech at the National Press Club yesterday. read more

Wide Bay Australia, a listed building society, is to seek "bank" status, the Bundaberg-based firm said yesterday. read more

Growth in pay levels in financial services tapered off in the last year, though increases in pay rates are growing faster than at their nadir during the financial crisis. read more

The convergence of interest rates paid on deposits with rates of return earned on wholesale investment will persist. This force will help to drive the flow of funds away from banks and towards inter.. read more

Banks may have to disclose more portfolio data and in a more consistent fashion if options mooted by the Basel Committee on Banking Supervision are adopted. read more

US banks will have to meet more stringent leverage ratios than international peers. read more

Bank of Queensland may have to husband its capital if it is to achieve a lift in its credit rating. read more

Operators of payments gateways, including banks, may have to re-negotiate terms with many real estate agencies following a ruling of the Victorian Civil and Administrative Tribunal. read more

Lloyds Banking Group has put its subsidiary Capital Finance Australia up for sale, according to reports by Bloomberg and the Financial Times. read more

Technocash has put its funds' transfer business up for sale just weeks after the banks choked off its operations and forced it to close. read more