472

While most of ANZ's domestic banking businesses are, in practice, starved of capital for growth at present, the management rhetoric around the acquisition of ING's majority stake in the pair's wealth.. read more

Demand for use of the government guarantee on deposits of more than $1 million and on short-term bank debt is falling, the latest Financial Stability Review published by the Reserve Bank of Australia.. read more

The Council of Financial Regulators is considering recommending that banks pay a fee up front for deposit insurance once the current fee-free scheme, which covers deposits up to $1 million, expires. read more

Arrears on home loans have improved in recent months after rising over late 2008 and early 2009, with the improvement mainly due to the cuts in interest rates as well as the cash handouts from the Aus.. read more

David Jones does not expect much more growth in earnings from its now co-branded store card than when the retailer wholly managed and funded this part of the business itself. DJs can expect to earn th.. read more

The board of RHG will give dissenting shareholders a chance to ditch David Coe as a director and to elect two of the dissidents as directors at the annual meeting in Sydney on November 12. read more

Foreign bank branches turned around two quarters of losses in the March 2009 quarter, data published yesterday by the Australian Prudential Regulation Authority show. read more

The pricing cap on interchange fees on Eftpos looks likely to be eased from late this year under proposals published yesterday by the Payments System Board. read more

While six months out of date, the APRA quarterly data on bank performance provides a stocktake on sector performance and is the only source of aggregate industry data. read more

Shareholders in The Rock Building Society are failing to support a share purchase plan announced three weeks ago, forcing the Rockhampton-based lender to look for another source of capital. read more