CBA limits Wizard funding 25 February 2009 4:52PM Commonwealth Bank agreed to refinance a smaller share of the Wizard Home Loans loan book than GE Capital will have hoped for as part of the sale of Wizard to Aussie. CBA owns one third of Aussie. read more
PayPal freezes merchant fees 25 February 2009 4:50PM PayPal will freeze fee for merchants trading through the eBay Australia website for a period of two years, the Reserve Bank of Australia disclosed yesterday in a media release. read more
Wide Bay cuts dividend 24 February 2009 5:47PM Wide Bay Australia yesterday said it would cut its interim dividend by three cents, or nine per cent, to 30 cents a share. The building society will also try to claw back as much of the dividend as it.. read more
Cashcard and Customers tinker with brands 24 February 2009 5:47PM Two more brands will be added to the crowded ATM market. read more
ThinkSmart sees opportunity in the slump 24 February 2009 5:46PM ThinkSmart will continue to look for a wider international reach for its business of financing small office and home office purchases of computers and related equipment. The firm had started a trial i.. read more
ABIP task weakly defined 23 February 2009 5:36PM Ahmed Fahour on Friday finally left National Australia Bank and a loosely defined job on its board of directors. The bank's management had shifted Fahour out of his job as Australian regional chief ex.. read more
Aussie and GE block borrower choice 20 February 2009 5:56PM Third line forcing may be alive and well in banking, with GE Capital and Aussie Home Loans and party to a deal. read more
GE funding costs easing 20 February 2009 5:55PM The funding costs for GE Capital have declined over recent months, both the spread paid over benchmark and the benchmark rates themselves. read more
Fast refinancing the GE goal 20 February 2009 5:54PM The decision within GE Capital to withhold the 100 basis point cut in interest rates appears to be a late one. read more
Westpac the world's most profitable bank 20 February 2009 5:53PM The most profitable bank in the world may be Westpac. read more