Cabcharge consolidates in payments' niche

A revival in tax travel over the last half of 2010 has reversed a decline in turnover for the Cabcharge payment system. Cabcharge yesterday said revenue increased 3.5 per cent, to $537 million, in t.. read more

The Rock weaning itself off RBA

The Rock Building Society says it expects to fully repay its funding lines from the Reserve Bank of Australia by the end of June, bringing to a close a period of extended support from the central ba.. read more

MyState sticks to the plan

MyState Financial maintained growth on both sides of its balance sheet in line with system over the last year, while sticking to its budget for the integration of the former credit union with Tasman.. read more

Account portability a tough case to make

The introduction of account number portability would impose significant up-front costs on banks and their customers, a Treasury briefing released last night under the Freedom of Information Act sugg.. read more

NAB trio forfeit performance options

The three most senior executives at National Australia Bank have formally forfeited equity options linked to performance targets that it's long been clear they stood no chance of meeting. read more

Margin improvement brief for banks

While the net interest margin improved for ANZ in the December 2010 quarter - in line with the experience of other banks - on Friday, management highlighted the constraints on margin improvements be.. read more

UBank pricing incomparable

National Australia Bank steered its latest home loan product, under the UBank brand, into the market over the weekend with some quirky pricing. read more

ATM fees rising

Fees to use the "wrong" automatic teller machine will cost as much as $2.50 at many more ATMs as iCash Payments and Cashcard lift fees over the coming weeks. read more

St George disappoints for Westpac

The St George and Bank of South Australia businesses are underperforming their parent Westpac, with the bank taking remedial action to restore rates of growth in consumer and business lending, the b.. read more