Aladdin buying Pepper 13 May 2010 4:39PM Pepper Homeloans may be sold to Aladdin Capital, a US-based private equity investor that specialises in credit-related businesses. read more
IWT phased out for banks - starting in three years 12 May 2010 4:26PM Banks will, after all, receive a couple of tax sweeteners from the Australian government following the "Henry review" of the tax system. The big gain, announced in the government's budget last night.. read more
$56bn needed in 2010/11 12 May 2010 4:25PM The face value of Treasury Bonds on issue at 30 June 2010 is projected to be around $125 billion. read more
Minor tax cut on deposit interest 12 May 2010 4:25PM Interest paid on low value bank deposits and comparable savings will be subject to a reduced rate of tax from July 2011, the Australian government said last night. The measure was announced in the b.. read more
Westpac and CBA profits almost normal 07 May 2010 4:35PM Comparing bank profits, even with relatively neutral measures such as return on equity, can be a bit of a minefield taking into account changes in accounting practice, shifts in classification of su.. read more
Disappointment all round in Britain 07 May 2010 4:33PM NAB management continues to take a doggedly vague stance when invited to confirm the strategic options for its business in Britain. read more
Commercial property lending still restricted 06 May 2010 4:49PM Westpac said it has cut commercial property lending, as a proportion of its portfolio, by three percentage points over 12 months, with this industry sector now representing 9.6 per cent of all lendi.. read more
HP tackles switching 05 May 2010 4:43PM HP will tackle Australia's increasingly crowded market for the supply of switching services to banks, with plans to introduce the service next year. read more
Caliburn financials disclosed 05 May 2010 4:42PM Full financials for Caliburn Partnership, the corporate advisory firm recently sold to the US-listed Greenhill Inc, have emerged through filings this week by Greenhill with the Securities and Exchan.. read more
CBA moving fast on contactless 05 May 2010 4:42PM Commonwealth Bank is pressing on with plans to update its fleet of payment terminals to cater to contactless payments. read more