Hintze catches up on tax payments

The hedge fund of Michael Hintze, a member of the international advisory panel for the Financial System Inquiry, has repaid millions of dollars after exploiting tax loopholes in the UK, the Sydney Mor.. read more

Brand value a minor matter for banks

Only one sixth of the market capitalisation of Australia's large banks can be explained by their "brand value", according to the 2014 Top 100 Most Valuable Global Brand list from research firm BrandZ. read more

Little need for banks to borrow, says RBA

Banks are likely to continue with little net debt issuance in the short to medium term, only selling enough wholesale debt to replace maturing liabilities, Reserve Bank assistant governor Guy Debelle.. read more

Amex fires back at rival schemes

Individual scheme shares of the credit and debit card sectors should be published by the Reserve Bank of Australia, American Express has proposed in a second submission to the Financial System Inquiry.. read more

CBA chair mulls growth options

David Turner, chair of the board of Commonwealth Bank, has declared his supported the four pillars policy that prevents mergers between the big major banks. read more

Wealthy misguided on home values

The wealthiest and most indebted households are more likely to overestimate the value of their homes, analysis by staff of the Reserve Bank of Australia has found. read more

Clydesdale explains UK provisions

The review by Clydesdale Bank of interest rate hedging products is "significantly further advanced" than its review of tailored business loans, NAB's UK subsidiary disclosed in its half-year financial.. read more

Rudd spells out GFC advice

A crucial piece of eye-witness history on Australia's brush with the global financial crisis features in the witness statement by former prime minister, Kevin Rudd, to the Royal Commission into the Ho.. read more