Briefs: Asian Infrastructure Investment Bank bill, Defence Bank branches out, CBA's rumoured RMBS de 14 August 2015 3:53PM Federal Treasurer Joe Hockey yesterday introduced a bill to enable Australia's membership of the Asian Infrastructure Investment Bank. read more
Briefs: Credit card limits up but not balances, CBA refuses to back compo scheme, Money3 looks to bo 13 August 2015 4:18PM Reserve Bank of Australia data released yesterday shows credit card limits totalled almost A$146 billion at June 2015, an average of $9048 per card for each of the 16 million-plus credit cards in circ.. read more
Briefs: Call for ANZ CEO to go, low rates not encouraging corporate investment, CBA launches credit 12 August 2015 5:14PM Herald Sun columnist Terry McCrann has called on the ANZ board to find a new chief executive. read more
Foreign news: Yuan devalued 12 August 2015 5:13PM The People's Bank of China has devalued the yuan to its lowest rate against the US dollar in almost three years. read more
Briefs: Hockey to go ahead with deposit tax, Hartzer issues warning to brokers, Silver Chef refinanc 11 August 2015 3:26PM Westpac chief executive Brian Hartzer has told mortgage brokers they will probably be the next sector of the financial services industry to face scrutiny. read more
Briefs: CBA to limit funding for housing development, ANZ to launch Panin sale process, CBA not rush 10 August 2015 3:38PM Commonwealth Bank chief executive Ian Narev told the Herald Sun the bank was leaving open its options over how to cope with the greater capital requirements on banks. read more
Foreign news: Indonesian bank launches a floating branch 10 August 2015 3:36PM Bank Rakyat Indonesia has launched a floating branch to provide services to the country's remote island communities. read more
Briefs: Evers exits People's Choice, Robbiati leaves FlexiGroup, Resimac's new RMBS notes 07 August 2015 4:05PM Peter Evers will retire as chief executive of Adelaide-based People's Choice Credit Union from the end of September. read more
Foreign news: Bank of England holds rates steady 07 August 2015 4:04PM The Bank of England's Monetary Policy Committee has voted to keep the UK benchmark interest rate at 0.5 per cent. read more
Briefs: Less corporate credit on offer, Westpac's hybrid prices low, managed account bond portfolio 06 August 2015 4:15PM Two years ago 90 per cent of Australian companies offered credit terms to their customers but this figure has now fallen to 82 per cent according to a recent Survey of Corporate Payment Trends in Asia.. read more