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Some sort of resolution of the problems at Bank of Western Australia may be under way, even though impaired loans continued to rise at a pretty fast pace in the September 2009 quarter. read more

The legacy of a development finance business that the bank regards as non-core continues to mess with bad debt metrics at Suncorp Metway. read more

Virgin Money (Australia) is being sustained by its UK owner pending its re-emergence as a credit card issuer in conjunction with Citibank early next year. read more

Proposals by banks to bail out frozen mortgage funds earlier this year got the cold shoulder from the banking regulator, the 2009 annual report from APRA shows. read more

There was a small drop in the number of claims for the early release of superannuation in the year to June 2009, the annual report of the Australian Prudential Regulation Authority shows. read more

The fee for using an independently owned ATM is on the rise in distant locations. Customers Limited, the largest owner of ATMs, says its fees are now $2.50, up from $2.00. Fees have been cut on a tria.. read more

Customers Limited told its annual meeting that it believed there was scope for around 220 more ATMs in the New Zealand market and that the firm was aiming to install at least 500 of them. read more

Standard & Poor's may alter the established dynamics of companies seeking to sell term debt in the retail market following their decision to drop plans to apply for a retail financial services lic.. read more

RHG Group "is more likely rather than less likely" to have defaulted on a $750 million loan from UniCredit in December 2008, a judge of the Supreme Court of New South Wales has found. read more

Rural Bank's earnings lifted in the September 2009 quarter, with an operating profit of $13.8 million for the year. The bank's 40 per cent shareholders, Elders Limited, indirectly reported the profit.. read more