Status quo for RHG 13 November 2009 5:31PM An effort by a group of activist shareholders to win a spot on the board of RHG failed yesterday. Only 30 per cent of shareholders voting at the annual meeting voted in favour of a motion to elect Ste.. read more
iCash finds backers 13 November 2009 5:30PM A number of high net worth retail investors and also some institutional investors are buying the growth story of automatic teller machine deployer iCash Payments, though the story is proving to be a s.. read more
Multiple owners for ATMs 13 November 2009 5:29PM With iCash Payments generating some investor attention on the ASX there are now two listed companies in the specialist segment of owning and operating automatic teller machines. Customers Limited is t.. read more
Some CUBS dependent on a few large depositors 12 November 2009 5:39PM APRA chief John Laker used a talk to the Abacus conference in Brisbane on Tuesday to stress the need for credit unions and building societies to put even more effort into modelling their cash flows an.. read more
Lenders overreacted on property development 06 November 2009 5:24PM The clamp of finance to property developers may be overdone, the governor of the Reserve Bank of Australia, Glenn Stevens, suggested in a speech last night. read more
RBA reminder on rates reversal 06 November 2009 5:20PM RBA governor Glenn Stevens used last night's speech to reiterate one recent theme: the reversal, to a greater or lesser extent, of the fairly deep and fairly rapid cuts in the cash rate late last year.. read more
Discounting a drag on Westpac 05 November 2009 5:56PM The Westpac profit for the second half of its financial year seems to make Westpac the odd bank out in the reporting season that drew to a close yesterday. Westpac's banking businesses, in Australia,.. read more
Cheaper home loans sustain Westpac 05 November 2009 5:55PM Westpac reported some attractive metrics in the home loan segment for the bank's 2009 financial year. read more
No bank likes the liquidity rules 05 November 2009 5:51PM Westpac management yesterday chimed in with their own reservations on the implications of the revised policy on liquidity proposed by APRA, and which would require much more stringent liquidity buffer.. read more
British banking break-up detailed 04 November 2009 5:29PM The plan for the partial break-up of Britain's two state-owned banking behemoths is now public, rather than simply speculative, providing a few investment options for National Australia Bank in a bank.. read more