Wide Bay looks for business lift 09 October 2013 5:20PM Wide Bay Australia aims to begin making business loans by November, the Bundaberg-based lender said yesterday. It will be the first real foray into business lending for the building society, which a.. read more
Takeover offer for e-pay 08 October 2013 5:06PM e-pay Asia, an ASX-listed payments processor with an Asian business focus, is evaluating a takeover bid from its major shareholder, GHL Systems Berhard. read more
Remittance costs 'exorbitant' 07 October 2013 5:40PM Methods for sending remittances home to poor families in the South Pacific and Asia need work by Australian and New Zealand banks, as the costs of doing so remain high, a World Bank study has found... read more
Suncorp 'very close' to a bank run in 2008 07 October 2013 5:35PM Suncorp Metway was "very close" to a bank run at the height of the financial crisis, in 2008, says the bank's former managing director, John Mulcahy. read more
Gippsland directors earned favoured returns 07 October 2013 5:34PM The trustee of regional Victorian non-bank lender Gippsland Secured Investments hopes that receivers will be able to make an "ultimate return to note holders of between 80 cents and 90 cents in the.. read more
SGE preps bank option 07 October 2013 5:32PM SGE Credit Union is taking steps to adopt a mutual bank status. The credit union, which mostly serves health workers in New South Wales, plans to change its incorporated name to SGE Mutual Limited a.. read more
IMB buybacks may be irregular 07 October 2013 5:31PM Wollongong mutual IMB will stick to its plan to buy back and cancel all its ordinary shares. read more
Bank of Melbourne still sluggish 04 October 2013 4:15PM Rosy estimates by Westpac of the progress of its Bank of Melbourne brand need a second look, with the bank making little consistent progress if independent analysis by Roy Morgan Research is any gui.. read more
eftpos hub to 'complement' new payment network 03 October 2013 3:38PM eftpos Australia says it has picked banking technology supplier FIS to build a centralised payments hub that will supersede its 30-year-old bilateral network. read more
LVR stable, despite larger loans 03 October 2013 3:33PM Talk of a property bubble, including one driven by self-managed super funds, "is over-stated at this point", Australia's largest home loan broker believes. read more