3000 finance jobs a year may be sent offshore 10 October 2012 5:35PM Jobs losses in the finance sector in Australia may accelerate if employers step up the "offshoring" of work in line with projections modelled on behalf of two industry unions. read more
ANZ executive suits Westpac 10 October 2012 5:31PM A second ANZ-linked executive is on the move to Westpac, to work in the latter's financial services business under the leadership of Brian Hartzer, the former Australian CEO of ANZ. read more
BHP aims at home-market debt investors 10 October 2012 5:29PM BHP Billiton has flagged plans to sell more term debt in the domestic bond market, after easily placing A$1 billion in five-year debt. read more
RBA brass put their side of the Securency affair 09 October 2012 6:01PM Management of the Reserve Bank of Australia first learned of the allegations of bribery and corruption at its Securency affiliate when the matter was raised by reporters from The Age, in May 2009, R.. read more
Legacy loans leave BOQ in the red 08 October 2012 5:35PM Bank of Queensland will miss its projected net profit for the second half of 2012 by between $20 million to $25 million thanks to a further top up of provisions and refunds to customers because of w.. read more
Business as usual at ANZ 05 October 2012 3:33PM ANZ outlined a five-year investment program for its domestic business yesterday that serves as a reminder that amid the job-shedding and cost-cutting there remains scope for banks to refashion servi.. read more
OIS swap a treasury favourite 05 October 2012 3:26PM Banks and other intermediaries are tending to the management of their short-term interest rate risks more energetically, if the annual compendium of data on market activity from the Australian Finan.. read more
Deposit insurance fee canvassed by regulators 04 October 2012 4:16PM The Council of Financial Regulators studied the introduction of an explicit deposit insurance levy on banks, building societies and credit unions over the last couple of years, documents released un.. read more
ANZ retires low cost subordinated debt 03 October 2012 3:21PM In a reminder of the manner in which banks prefer to cater to investor expectations, ANZ says it will redeem A$600 million in subordinated debt on October 18. read more
High arrears persist in WA 03 October 2012 3:19PM Arrears on home loans in Western Australia seem stuck at relatively high levels at a time when arrears in Queensland, New South Wales and Victoria are on the mend. read more