CBA forfeits four years of market share gains 01 October 2012 3:30PM Commonwealth Bank has given up most of the market share gains achieved since its takeover of Bankwest at the height of the financial crisis, at the end of 2008. read more
Days numbered for A$ Libor 01 October 2012 3:26PM Lenders will cease to have access to Australian dollars at the London interbank offered rate if regulatory proposals for Libor reform are adopted. read more
Basel III capital rules polished one last time 01 October 2012 3:21PM The Australian version of the Basel III rules on capital for banks is now final, with only a few minor changes being agreed by the banking regulator regarding prudential standards, which were releas.. read more
First IMB buyback misses target 01 October 2012 3:15PM IMB says it has completed its first off-market share buyback of shares. read more
Credit demand sparks in June quarter 28 September 2012 4:16PM Demand for loans by business was at its highest in four years during the June 2012 quarter, the "flow of funds" data in the National Financial Accounts shows. read more
Imported banknotes would be cheaper 28 September 2012 4:13PM The Reserve Bank of Australia may replace the present series of polymer notes, which were introduced in the early 1990s. read more
ANZ sorts out NZ integration plan 27 September 2012 4:23PM ANZ will consolidate its overlapping branch networks in New Zealand over the next two years as the bank retires the National Bank brand it acquired in 2003 as part of the takeover of National Bank o.. read more
Trim profits to rebuild trust in banks, says Debelle 26 September 2012 4:22PM Banks may need to curtail their rate of return to help restore the social contract that binds financial institutions to their customers, says Guy Debelle, assistant governor of the Reserve Bank.. read more
Many well ahead on their home loans 26 September 2012 4:20PM The Reserve Bank of Australia published a fresh and more detailed overview of the extent to which borrowers are ahead on their home loan repayments yesterday. read more
Pay down debt, advises RBA 26 September 2012 4:19PM The average life and the overall profit of a home loan will fall if borrowers follow the advice of the Reserve Bank of Australia and pay down household debts even more quickly than they are already.. read more