Gateway fees fall foul of tenancy law 09 July 2013 4:41PM Operators of payments gateways, including banks, may have to re-negotiate terms with many real estate agencies following a ruling of the Victorian Civil and Administrative Tribunal. read more
Lloyds may have Capital Finance on the block 08 July 2013 4:32PM Lloyds Banking Group has put its subsidiary Capital Finance Australia up for sale, according to reports by Bloomberg and the Financial Times. read more
Technocash on the market 08 July 2013 4:31PM Technocash has put its funds' transfer business up for sale just weeks after the banks choked off its operations and forced it to close. read more
Book review: Insider's view of Swan's handing of the GFC 05 July 2013 4:18PM The need for the Australian banking guarantee had its origins in a series of bleak high-finance meetings held in Washington in the October of 2008. So says Jim Chalmers, then chief of staff to former.. read more
CBA withholds consent to Motor Finance Wizard 04 July 2013 5:08PM Commonwealth Bank has withheld its consent for the proposed sale of PR Finance Group to Keybridge Capital, a deal needed to avoid a default on the part of the consumer financier. read more
Macroprudential policy interests APRA 04 July 2013 5:01PM APRA is alive to the use of macroprudential policy tools, its general manager, David Lewis, says. He told a Canadian banking conference that APRA had a preference for "risk-based supervision" and al.. read more
Bank of Sydney copes with deposit outflow 03 July 2013 4:40PM Bank of Sydney says it had "anticipated" the outflow of deposits experienced in recent months. read more
'Significant change' at NAB 03 July 2013 4:31PM A further wave of job cuts may be on the way at National Australia Bank. The Finance Sector Union yesterday said NAB advised that "between now and September 30 there will be significant change." read more
Competition working in banking 03 July 2013 4:28PM Competition has worked well in the banking industry in Australia and it is a mistake to view the financial sector as "too big", says Rodney Maddock, adjunct professor in economics at Monash Universi.. read more
Problem loans may not improve: Fitch 02 July 2013 4:45PM The number of borrowers in arrears on their home loans in some areas may not improve, leaving lenders facing losses, an analysis by Fitch Ratings of loan delinquencies suggests. read more