Foreign banks in the red

Foreign bank branches reported a second consecutive quarter of losses in the December 2008 quarter and incurred losses in aggregate over the course of the calendar year. read more

Foreign subsidiaries' profits stay low

The returns of foreign banks operating in Australia as subsidiaries fell only a little over the course of 2008, but then profits for this group of banks were on the low side to begin with. read more

Regionals and minnows earning less

The combined profitability of the nine banks counted by APRA as "other" - meaning the three regional banks and six specialist banks - fell more heavily in 2008 than for any other sub-group of banks. read more

NAB song sheet

NAB understated the apparent purchase price of $885 million for Aviva Australia by around $60 million. read more

Banks protecting profit margins

An analysis of bank funding costs and pricing practices by the Reserve Bank of Australia confirms that banks have managed profit margins effectively over the course of the credit crunch and subsequent.. read more

ATM habits return

Users of automatic teller machines are already starting to drift back to old habits after only the second month of better publicised and slightly changed pricing. read more