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Australia Ratings, a boutique ratings firm formed by a handful of former staff of Standard & Poor's, yesterday announced that the firm had secured an Australian Financial Services Licence. read more

The steady shift to payments on debit cards, and replacing payments previously made with credit cards, appears to be moderating. read more

The intersection of the economic cycle with the electoral cycle means that small businesses struggling to pay off their tax debts can expect another year of mostly gentle treatment from the Australi.. read more

Wind-up actions by the Australian Taxation Office against companies are much less common than sometimes made out in media commentary, and are in decline, the Commissioner for Taxation, Michael D'Asc.. read more

After six rises in the cash rate target over the eight months to May the board of the Reserve Bank of Australia yesterday opted, in line with practically all forecasts, to leave the target rate unch.. read more

The Cooper Review into superannuation, as expected, supports serious reform of the processing and administration of super payments, though the final report of the review team leaves it to Treasury t.. read more

The superannuation sector processes more than 100 million transactions annually, according to the Cooper Review, mostly the receipt of contributions but also payment of benefits and rollovers to oth.. read more

Bank of Queensland yesterday completed two acquisitions announced earlier in the year, one in equipment finance and one in insurance. read more

Bank of Queensland is in the market for capital, yesterday announcing plans to sell $150 million in convertible notes through a private placement. read more

Households may be finding uses for their savings other than slapping them into a bank account, with virtually no growth reported in bank deposits over the month of May 2010, monthly data from the Au.. read more