Ken Henry burrows in to NAB board 06 October 2011 6:02PM National Australia Bank says it has appointed Ken Henry, the former head of the Australian Treasury, to its board. read more
Penalty-fee politics aired in ANZ court stoush 06 October 2011 5:54PM The rationale for ANZ's cuts to exception fees on a swathe of accounts in late 2009 is the subject of a last-minute skirmish between plaintiffs and the bank in a class action over penalty fees being.. read more
NAB canters along in mortgage market 03 October 2011 5:54PM National Australia Bank continues to report growth on home loans running at twice the level of growth in system credit and consistent with trends since the second quarter of this year. read more
Aldi squib on Eftpos surcharging 03 October 2011 5:51PM Over the weekend, Aldi Stores backed away from tentative plans to surcharge payments made at its supermarkets by Eftpos debit cards. read more
Pay cuts for half of NAB's UK staff 30 September 2011 4:18PM National Australia Bank is seeking to curb its wage bill in the UK by phasing out contributions to the older of its two pension schemes for half the staff working at Clydesdale Bank. The bank's plan.. read more
Empty legal win for Aldi 30 September 2011 4:12PM Aldi Stores will get its costs paid by Eftpos Payments Australia Ltd for its largely empty victory in the Federal Court over media releases sent out by the latter that were more bombastic than misle.. read more
Cabcharge dominance tackled by Victorian inquiry 30 September 2011 4:10PM The market dominance of Cabcharge in taxi payments and the level of taxi fares overall will be considered by the Taxi Industry Inquiry in Victoria being undertaken by former competition regulators A.. read more
Problem home loans rise in outer suburbs 29 September 2011 3:56PM The level of home loans 30 days or more in arrears continues to steadily climb, with the number of regions "performing poorly" rising to 22 from seven, according to Moody's Investors Service. read more
Resimac buys NZ Home Loans on the cheap 28 September 2011 4:00PM Resimac will buy a majority stake in NZ Home Loans, a sale foreshadowed in June. read more
Macquarie cleared of tax avoidance over Minara sale 27 September 2011 4:35PM The Federal Court yesterday upheld an appeal by Macquarie Bank over the tax treatment of its capital gain, in March 2004, on its fleeting ownership of a minority stake in Minara Resources. Minara op.. read more