Greek banks a critical issue, says RBA

A "critical issue in the near term was not so much the obligations of the Greek Government but rather the funding of Greek banks," the Reserve Bank of Australia said in the minutes of its February mon.. read more

Confidence conundrum traps Bendigo

A second bank chief executive has highlighted adverse trends in consumer confidence as an impediment to realising business goals and driving growth in earnings. read more

Bendigo hugs credit unions close

Bendigo and Adelaide Bank is winning large chunks of business from mutual ADIs, with 17 credit unions shifting wholesale funding needs away from Cuscal (a long standing provider) to the bank. read more

ANZ staff reject EBA

ANZ employees rejected an enterprise agreement proposal by a margin of two to one, the Finance Sector Union said yesterday. read more

Westpac Live lifts online product sales

Westpac may be earning a fair payback on its recent investments in digital banking and network modernisation, if the data revealed by its head of retail in a speech on Friday is any guide. read more

Comment: More returns than results from CBA

If the door were open to steamroll some part of the finance market in the wake of Australia's experience with the GFC, Commonwealth Bank seems not to have found its way through.  At least, nothin.. read more

Valuer responsible for fraudulent business loan

A Melbourne valuer and restaurant operator who engaged in a fraud against Interstar and Perpetual must repay a business loan, after his spouse failed to make out a claim of unconscionable conduct in c.. read more