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The idea that banking is a difficult and expensive market to enter is being tested at present. Patersons Securities, a growing force in Perth finance, plans to acquire majority control of Goldfields.. read more

The demutualisation of Goldfields Credit Union will be the third in a decade. Statewest Credit Society, which listed through the Home Building Society in 2006 and disappeared into the innards of Bank.. read more

The capital buffers that banks carry at present might - or might not - prove sufficient to adapt to the demands of Basel 3, the capital and the liquidity wave rolling from the North Atlantic to the.. read more

The first directions hearing for the penalty fees class action running against ANZ got underway in the Federal Court in Melbourne yesterday. read more

The second term Labor Government already needed to respond to the shadow treasurer's bank policy activism over the last two weeks, and the CBA's home loan rates decision yesterday only intensifies t.. read more

Commonwealth Bank followed up the 25 basis point rise in the cash rate yesterday with a 45 basis point rise in its standard variable home loan rate, taking this rate to 7.81 per cent. Interest rates.. read more

"A large expansionary shock" is the stark phrase the Reserve Bank of Australia picked to rationalise its increase in the cash rate by 25 basis points, to 4.75 per cent, yesterday. read more

The Australian Competition and Consumer Commission asked Macquarie Bank, Capital Finance and Cisco Systems and Capital Finance to hold off on enforcing equipment rental agreements - sold underhanded.. read more

Individuals, and to some extent businesses, continue to use the Australian Taxation Office as a pragmatic source of credit. read more

It is businesses, rather than households, that are proving sensitive to the attractions of smaller banks and foreign banks as alternative custodians of their deposits. read more