Nanny RBA on alert 05 June 2009 5:12PM One reason the Reserve Bank of Australia is hesitant to reduce the cash rate at present is that businesses and households might take a liking to the lower rates and borrow money. read more
Business interest rates higher overall 05 June 2009 5:09PM More business borrowers, whether large or small, report that they've had to pay higher interest rates on loans in recent months than when asked the corresponding question six to 12 months ago. read more
Business breakdown no more common 05 June 2009 5:08PM Business insolvencies are an increasingly frequent item in the daily noise of media reporting, or so it would seem, but official data on the incidence of business breakdown suggests any increase has p.. read more
Administrators appointed to Pisces 04 June 2009 4:44PM Pisces Group, a provider of mortgage comparison and lodgement software to mortgage brokers, appointed Robert Moodie of Rodgers Reidy Chartered Accountants as administrator on Monday. read more
Bendigo cherry picks Customer ATMs 04 June 2009 4:43PM Bendigo and Adelaide Bank will select 500 or so of the existing automatic teller machine fleet of its associate Customers Limited and apply the bank's branding. Customers disclosed the plan in an anno.. read more
Australian Central and Wide Bay secure AOFM backing 03 June 2009 4:34PM One credit union and one building society have attracted support from the Australian Office of Financial Management in the latest round of funding from the government for home loan providers. read more
Rising impairments at Bendigo a matter of definition 02 June 2009 4:06PM Banks may be taking their time adjusting to the classification of loans required to meet the requirements of reporting to the market, and APRA, under the new quarterly disclosure regime. read more
Plenty of capital on offer for ANZ 28 May 2009 4:41PM The lack of a definite, and priced, target in Asia for ANZ to buy did not stand in the way of the bank drumming up ample demand from institutional investors for the sale of $2.5 billion in new shares.. read more
RBS loans a turn off for StanChart and maybe HSBC 28 May 2009 4:41PM Whether ANZ is the only serious bidder left for the unwanted Asian banking assets of Royal Bank of Scotland is hard to work out. A range of international media reports over the last 12 hours is split.. read more
Skilton flays at wrong targets 28 May 2009 4:39PM Some direct, but nevertheless misdirected, criticism by Suncorp's acting CEO Chris Skilton at an investor briefing yesterday highlights the weakness in the positioning of his, and other, regional bank.. read more