Bendigo profit at a glance 21 February 2012 5:49PM An impairment of A$95 million to the goodwill of the margin lending business of Bendigo and Adelaide Bank - a decision announced in December - severely dented the headline profit of the bank for the.. read more
Another prod on payments investment from PSB 21 February 2012 5:46PM Banks are being asked by the Payments System Board to explain their investment plans in "retail operations" as part of a "dialogue" inspired payments' processing failures over the last year or two. read more
Arguments turn marginal on bank profits 21 February 2012 5:39PM The profitability of the major Australian banks may be marginally higher than that required to provide bank shareholders with a fair return on their investment in bank shares, analysis by the Austra.. read more
ERG abandons claims on ticketing sham 20 February 2012 5:38PM One of the remnants of transport ticketing group ERG agreed to pay A$5 million to the New South Wales government late last week to settle a long-running claim over the failure of ERG to deliver a ti.. read more
Cloud clearing over securities register 03 February 2012 5:37PM A four-day-old production backlog of Personal Property Securities Register registrations was set to start clearing overnight. read more
RBA picks payments policy head 03 February 2012 5:34PM Tony Richards is to take over as head of payments policy at the Reserve Bank of Australia. read more
Credit union preference share sale pulled 02 February 2012 5:35PM Holiday Coast Credit Union has had to abandon a planned issue of preference shares to members that would have raised A$1.8 million in capital because the proposal has fallen foul of the prudential r.. read more
Triple searches needed on PPSR 02 February 2012 5:32PM The adequacy of data transferred from security registers maintained by the ASIC to the new Personal Property Securities Register has emerged as the most common source of discontent with users of the.. read more
Register strife leads to payments pain 01 February 2012 5:43PM Some banks are withholding payments to car dealers pending a resolution of the problems with search functions on the new Personal Property Securities Register. These continued into the second day of.. read more
ATM yield up but profit down at Customers 01 February 2012 5:35PM ATM fleet operator Customers will report a fall in earnings of as much as 25 per cent when it releases its financial report for the December 2011 half year. read more