Senate blocks ABIP 17 June 2009 4:32PM The Senate last night voted to reject enabling legislation for the proposed Australian Business Investment Partnership, potentially reducing the pool of capital available to the commercial property se.. read more
HSBC, StanChart still works for ANZ 17 June 2009 4:30PM A Standard Chartered officer type and a Malaysian banker looking for wider horizons were two executive hires mentioned by ANZ in a media release yesterday. read more
Bendigo makes ATM withdrawal 12 June 2009 4:46PM Bendigo and Adelaide Bank will buff its 2009 full year profit after cashing in a $24.6 million holding in Customers Limited on Tuesday. Customers is one of two independent deployers of automatic telle.. read more
Rock solid on CDO treatment 12 June 2009 4:45PM The Rock Building Society said it expects its 2009 net profit to be in line with last year's profit of between $4.2 million and $4.4 million, the Rockhampton-based deposit-taker said in an update publ.. read more
Business tax debt rising 11 June 2009 4:58PM One alternative and on-demand source of debt finance for businesses is the Australian Taxation Office, with deferral of avoidance of liabilities to the ATO one way of buying time to repair the otherwi.. read more
Small business tax liabilities deferred 11 June 2009 4:57PM The principle that taxpayers with debts to the Australian Taxation Office have to pay interest on the debt they owe won't apply so rigorously over the next year. read more
Tax taking credit card payments 11 June 2009 4:56PM A long-held aspiration of banks and credit card providers is to entice government to accept their payment cards as one way to make taxation payments, and the industry may soon be about to get its way. read more
Banking and wealth options for NAB 10 June 2009 5:23PM National Australia Bank may shortly have to choose whether its acquisition priorities in Australia lie in the field of wealth insurance and thus press on with an offer for Aviva, or in banking, in whi.. read more
Household debt manageable for most 10 June 2009 5:22PM The typical debt burden of Australian households probably was not all that onerous, at least back in 2006, a detailed analysis of household income and spending shows. read more
ING Direct may be on the market 05 June 2009 5:14PM Does ING's banking business in Australia meet the Dutch banking group's revised strategic direction and might it soon be for sale? read more