Eftpos hub begins testing 15 May 2014 3:32PM Eftpos Australia says it has passed some milestones in the build of its new hub with two members now connected and testing expected to begin soon. read more
Treasury bond issuance will reduce 15 May 2014 3:30PM Treasury bond issuance in 2014/15 is expected to be around A$63 billion, the Australian Office of Financial Management said yesterday. This is down from the approximately $80 billion, in face value te.. read more
Budget cuts won't restrain need to borrow 14 May 2014 4:48PM The supply of Commonwealth government bonds will be barely affected by last night's Budget. The face value of Commonwealth bonds on issue during 2014/15 is forecast to remain at around A$360 billion,.. read more
GE picks new president 14 May 2014 3:26PM Geoff Culbert will take over as president and chief executive of GE Australia & New Zealand, replacing Steve Sargent. read more
Driving forward at ingogo 13 May 2014 3:16PM Taxi bookings challenger ingogo claims to already have a market share equal to one tenth of that of the industry's leading provider, Cabcharge. read more
Bank wholesale funding getting cheaper 12 May 2014 3:35PM Much of the stress imposed by the onset of the financial crisis six years ago has washed through the system, with the bonds of major banks trading at spreads approaching as low a point as at any time.. read more
Swap fuss erodes UK profit 09 May 2014 3:34PM Fixed-rate, or "tailored" business loans, many dating back to National Australia Bank's aggressive growth in the mid 1980s, have emerged as the latest drag on the bank's UK earnings. read more
Clarification: Rural Finance Corp 09 May 2014 3:31PM Bendigo and Adelaide Bank - which is buying Rural Finance Corp of Victoria from the state government - point out that fewer than 10 per cent of loans of Rural Finance Corp are provided on a concession.. read more
Parochial interests rule in rural finance 08 May 2014 4:11PM The failure to open up the bidding process for Rural Finance Corporation of Victoria continues to be a talking point in the industry. read more
Buffer mid-point an interim capital target 06 May 2014 3:51PM A severe economic episode should chew through only half of Westpac's capital conservation buffer, if the bank's thinking about scenarios is plausible. read more