Latest news (24,963 items)

SFE profits despite the gloom

After another six months jumping at the shadows of the supposed disappearance of the Commonwealth Government bond market, the Sydney Futures Exchange nevertheless posted an improved profit in the half year to December. read more

Bond market, SFE survive flawed debate

Having contributed to the tenuous parameters of last year's debate over the future of the bond market (by fuelling the twin notions that first, Telstra would soon be fully privatised and second, that budget deficits would never recur), SFE chief Robert Elstone faces reality in the annual report. read more

Captives alternative to mortgage insurance duopoly

The lenders mortgage insurance market may be turning into a duopoly with the expected withdrawal of Royal & Sun Alliance Lenders Mortgage Insurance from the sector before long, with RSALMI to be placed into run off. read more

Mutuals free to issue shares

For mutually owned credit unions, the government's ruling means that more credit unions will now feel free to take advantage of previous changes in the law that allows them to issue shares. read more

Queensland Police plan share issue

Fred Wilson, general manager of Queensland Police Credit Union, said his organisation hoped to issue investment shares once the regulation is clarified. read more

ANZ growing in business banking

ANZ may be winning more than its share in the business banking market. Bob Edgar, head of global institutional and investment banking, said yesterday that there were some signs of domestic corporate borrowing increasing again. read more

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