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Queensland Trustees & Investment will seek to appoint two of its own directors to the board of The Rock, and to remove two long-standing directors of the building society. read more

Problem loans continue to drag on banks, with new impaired assets recognised during the June 2009 quarter the worst since the credit shock kicked off more than two years ago. read more

Scheme debit is making steady progress in the payments market. Payments made on the debit cards of MasterCard and Visa, and issued by Australian banks, now account for a little more than 24 per cent o.. read more

ANZ may be getting out of direct equity investment through its banking business in Australia, but such investments may be a part of managing long-term relationships through its associate in Malaysia. read more

ME Bank plans to refinance another tranche of home loans as residential mortgage-backed securities, its second in two weeks and, like the first, a transaction that will not depend on investment suppor.. read more

One problem for GE Capital in Australia, and for many foreign-owned financiers that do not operate fully fledged bank subsidiaries, is that outsiders rarely get a clear picture of their financial cond.. read more

Of the "anniversary of the crash" features that have been common in recent days, the most revealing may be the Australian Prudential Regulation Authority's consultation document on liquidity managemen.. read more

The renovation of APRA's prudential rules in light of the credit shock continues, with the banking regulator publishing a consultation paper on liquidity management on Friday. read more

Macquarie Bank is the heaviest user of the Australian government guarantee on its own debt with around one third of the bank's debt covered by the scheme. read more

Inflation seeking and the reversal of an accommodating monetary policy stance remains improbable, at least in New Zealand. read more