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The cheapest entry into switching was also the most successful. read more

One thing that can be said about trends in the cost of credit for business at present is that starkly different conclusions are being drawn from essentially the same data. read more

Retail businesses within Wesfarmers' Coles division may soon be searching for new suppliers of payments processing and switching services, with management forced to face up to the effective end of lif.. read more

The Future Fund continues to adopt a cautious approach to investment, with more than 40 per cent of the fund still invested in cash and less invested in debt securities than has been speculated. read more

ANZ said it appointed Graham Hodges acting chief executive of the bank's  Australian operations following the weekend decision of Brian Hartzer to leave the bank and take a new job elsewhere. read more

A return on equity for Macquarie Bank of six per cent in the March 2009 second half is, so far, the worst financial result for a major financial services firm in Australia arising from the two stage c.. read more

In a presentation yesterday for select financial media, GE Capital divulged some rare, consolidated data on its Australian businesses. The data, quoted below, is somewhat stylised and collated in a wa.. read more

GE Capital remains on the hunt for acquisitions in the Australasian market, though any new investments will have to be in fields of finance where banks are weak. read more

The objectives of Commonwealth Bank as the new owner of Bank of Western Australia may explain a large part of the drastic rise in bad-debt provisions for BankWest disclosed yesterday. read more

A syndicate of 20 banks will have to pay $1.58 billion to the liquidators of Bell Group, Judge Neville Owen of the West Australian Supreme Court ruled yesterday. read more