Branch redundancy row costs NAB

National Australia Bank is facing a major industrial showdown with the Finance Sector Union over plans to slash customer service staff currently employed across the national branch network. read more

Athena in strategic talks with super funds

Australia's domestic superannuation sector is about to become a major source of direct funding for mortgages, according to the founder of Athena Home Loans who says over the next decade up to half of.. read more

Loan-shy ANZ fattens capital buffer

ANZ chief executive Shayne Elliott yesterday conceded that his bank might have overreacted to APRA's crackdown on lending standards by reining in lending to investment borrowers. read more

Trustees could kill ANZ-IOOF wealth deal

Investors reacted positively to ANZ's Pillar 3 disclosure and trading update yesterday, but the solid rise in the company's share price on Tuesday was not all due to commentary from the bank. read more

ANZ's Kiwi earnings under pressure

ANZ yesterday stumped up further evidence that the slowdown in the banking sector was very much a trans-Tasman phenomenon, with its New Zealand operation reporting a sharp slide in profitability. read more

BoQ flags profit slide

Investors thumped Bank of Queensland's share price on Monday after the company flagged that it was set to report an interim bottom line at least 6.5 per cent below its first half result last year. read more

ASIC reboots Westpac advice test case

Two wealth arms of Westpac are under fire again from the corporate cop over controversial marketing campaigns that resulted in A$650 million of superannuation funds flowing into the BT funds managemen.. read more