Australian corporate debt still shines for eurozone investors 11 September 2015 4:20PM With negative interest rates in parts of Europe it is not surprising that investors there are seeking better returns overseas - and Australia is one of their preferred destinations. read more
ANZ nets $720m Tier 1 capital via share purchase plan 11 September 2015 4:19PM ANZ yesterday announced the completion of its share purchase plan offer, having raised around A$720 million in Common Equity Tier 1 capital at a price of $26.50 per share. ANZ said it would now be mov.. read more
Finance broker pleads guilty on conspiracy to defraud 11 September 2015 4:16PM A former finance broker, Aizaz Hassan, has pleaded guilty in the Melbourne Magistrates' Court to one charge of conspiring to defraud financial institutions, the Australian Securities and Investments C.. read more
CUA's systems revamp powers home lending spree 10 September 2015 4:35PM A record home lending push helped lift full-year banking profit by 10.7 per cent at Australia's largest mutual - or customer owned - financial institution. read more
Foreign bank depositors not a priority for APRA 10 September 2015 4:31PM The Australian Prudential Regulation Authority has revised its instructions under the Banking Act 1959 as to how foreign authorised deposit-taking institutions must explain their status to new and int.. read more
Class action over QBE's sudden loss 10 September 2015 4:31PM More details have emerged from Maurice Blackburn Lawyers on a shareholder class action over alleged breaches of continuous disclosure obligations by QBE in 2013. read more
NAB's online banking customers to Prosper 10 September 2015 4:30PM NAB is launching a digital advice platform - to be known as NAB Prosper - to 40,000 of its internet banking customers, and along the way has claimed bragging rights as the first major bank to do so.&n.. read more
Visa racks up $20 million in costs and penalties 07 September 2015 4:52PM The Federal Court has ordered a subsidiary of Visa Inc to pay a penalty of A$18 million for engaging in anti-competitive conduct over currency conversion services in Australia. Visa Worldwide contract.. read more
ACCC pushing for 'mid-range' revenue-related sanctions 04 September 2015 4:16PM The legal team representing the Visa group spent yesterday afternoon in the Federal Court battening down for a pecuniary penalty that could be as high as A$20 million. read more
Actuaries call for stability in retirement incomes policy 03 September 2015 4:01PM The Actuaries Institute yesterday released its retirement incomes white paper, titled "For Richer, For Poorer." The report, prepared by Rice Warner on behalf of the Institute, outlines the financial r.. read more