Databank (141 items)

Catch up with the past week of Banking Day

We've produced hundreds of articles for you this week, relevant archived news served up with the latest news. And the top latest news in banking? Let's face it, you're reading a stack of that in Banking Day. Catch up with the week's news. Adjust to the new look Banking Day. read more

Company failures no more frequent

The media noise and to some extent bank data on delinquencies and impairments may tell a different story, but one source of official data on business failure suggests that things are no worse in mid 2009 than at the beginning of the year, and that 2009 is not much more severe than 2008 or even 2007. read more

The weekly banking wrap - week ended Thursday, 22 February 2009

The week ending Thursday was a topsy-turvy one for the Australian market, with the ASX ultimately ending down 1.9 per cent. However, the big four banks on average rose 0.7 per cent. The notable loser was Commonwealth Bank, down 3.5 per cent which is unsurprising given both a positive profit warning and confirmation from its first half result gave CBA shares a significant boost over the last fortnight. ANZ was the big gainer at six per cent. read more

Home loan market turns for banks

The first home owners grant and lower interest rates are combining to stimulate demand for new loans, and banks rather than other lenders continue to be the beneficiaries of this flow of new business. read more

Insolvencies dip in December

There was a slight, though possibly seasonal, dip in the level of company insolvencies reported during the month of December 2008, according to the Australian Securities and Investments Commission. read more

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