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No major bank is giving other lenders room to limit home-loan rate cuts, with National Australia Bank believed to have resolved to reduce the delivery rate to its third-party mortgage managers by 25.. read more

Insider histories of Australian banks are rare. It's more than ten years since the only contemporary account by anyone working in the industry was published. But Still Walking, the just published mem.. read more

Four credit unions and three mortgage managers have cut some or all of their variable-rate home loans by 25 basis points, in the line with the cut in the RBA cash rate announced this week. read more

As big banks wear another day of criticism over their inertia in reducing interest rates on home loans, in line with the RBA rate cut this week, perhaps it's time industry forces took more active st.. read more

Financial corporations in Australia, including banks, generated A$68 billion in profits in the year to September 2011, 18 per cent of all profits earned by all trading corporations over the last yea.. read more

Ratings agency Standard & Poor's has published revised ratings on five more Australian banks, three in New Zealand and one in Papua New Guinea. read more

While the major banks are keeping their customers, and each other, wondering about their approach to repricing assets and liabilities in the wake of yesterday's cut of 25 basis points in Australia's.. read more

Difficult funding conditions for banks in Europe and elsewhere featured in the rationale published yesterday by the Reserve Bank of Australia to explain the cut in the cash rate by 25 basis points,.. read more

The directors of MyATM finally called in administrators yesterday. Stephen Duncan of KordaMentha will undertake the administrative task. read more

ANZ has prevailed over its opponents in a preliminary Federal Court ruling on the legal issues at stake in a test case over alleged overcharging of penalty fees. read more