ATM cash-cow misfires 01 August 2012 5:12PM Automatic teller machine operator GRG International sold A$2.4 million worth of ATMs over the June 2012 quarter, but failed to generate any operating cash flows from a fast-growing base of installed.. read more
Hurdles lowered for Clearnet 01 August 2012 5:10PM Any firm seeking to break into the business of clearing of securities and derivatives will more easily be able to seek an exchange settlement account with the RBA under new guidelines released yest.. read more
Banking exclusion zones well known 27 July 2012 5:05PM Research paid for, in part, by NAB and undertaken by the Centre for Social Impact provides a portrait of access or otherwise to banking services, so may provide some of the data the Minister for Fi.. read more
Macquarie maintains course 26 July 2012 4:53PM Macquarie Group's cost-cutting efforts are continuing to chip away at the financier's expense base and provide a prop to its otherwise lacklustre profits. read more
Don't fret about a panic advises Stevens 25 July 2012 4:32PM The vulnerability of Australia's banks to some form of "global panic" has diminished over recent years, says Glenn Stevens, governor of the Reserve Bank of Australia. read more
Importers receive more US loan aid 25 July 2012 4:26PM The Export-Import Bank of the United States continues to lift its level of direct lending to specialist US manufacturing concerns seeking access to low cost finance to support contracts to supply Au.. read more
Leasing scams earn their day in court 19 July 2012 4:47PM A number of finance companies and banks that provided questionable leases and loans for technology equipment may find the courts willing to nullify contracts on the grounds of unconscionable c.. read more
Moody's slices BOQ rating 18 July 2012 5:00PM Bank of Queensland's business profile is drawing mixed reviews from credit ratings agencies. read more
Court doubted integrity of Provident Capital 18 July 2012 4:57PM There was "considerable doubt" over Provident Capital's "integrity to obtain, manage or hold money from the public" a Federal Court ruled in a judgement delivered verbally three weeks ago but only p.. read more
NAB profits at expense of CLS Bank 16 July 2012 4:53PM National Australia Bank may finally earn a return on a speculative, 17-year old investment in a technology company, if a decision by the US Court of Appeals stands. read more