Investment backlog bugs BOQ 19 October 2012 5:34PM Most documents travel between Bank of Queensland offices by fax, courier and mail, CEO Stewart Grimshaw told an investor briefing yesterday to illustrate the investment spend facing the group. Stre.. read more
Loan rush limits Gateway's profit 18 October 2012 5:33PM Gateway Credit Union met its target for super-charged asset growth but missed a profit target in the year to June 2012. read more
Debt is not in the business plan 17 October 2012 5:42PM Australian businesses have adapted well to volatile market conditions and can deal with uncertainty, says a senior business banker. read more
Hardship request-handling a source of friction 17 October 2012 5:36PM Almost half the disputes over financial hardship considered by the Financial Ombudsman Service in the past financial year arose because the lender did not respond to requests by a borrower to consid.. read more
Hirepool builds NZ rental business 17 October 2012 5:35PM Equipment rental company Hirepool in New Zealand has sought clearance by the Commerce Commission to buy rival Hirequip out of receivership in a bid to get greater exposure to the heavy construction.. read more
Overweight banking sectors need extra capital 15 October 2012 6:06PM Major banks in Australia may be made subject to a regime that formalises additional layers of regulation for "domestic, systemically important banks" - known as D-SIBS - from 2016. read more
Scheme debit powers along 15 October 2012 6:05PM Use of scheme debit cards to make payments is growing quickly once more, perhaps fuelled by the need for a MasterCard- or Visa-branded card to make purchases online. read more
Credit signals flash in bellwether sectors 12 October 2012 5:35PM One pointer to a worsening in credit quality for lenders is a rise in the level of adverse indicators relating to two bellwether industries - construction and transport - and they are showing signs.. read more
LVR caps not needed 12 October 2012 5:34PM A Reserve Bank official has poured cold water on the notion of setting caps on loan-to-valuation ratios and other "new and untried" tools for managing the credit cycle. read more
Financial services dim for Post 12 October 2012 5:29PM Australia Post says sales of its Load&Go reloadable Visa pre-paid card have "proved successful beyond expectation", but otherwise discloses little data on its financial services business in its.. read more