Bloodbath in the at-call market 05 November 2014 4:56PM More than one-third of deposit-takers offering high interest at-call accounts cut their rates last month, accelerating a trend in progress since late 2013. read more
Depositors not put off by low rates 05 November 2014 4:55PM Despite the steady erosion in deposit rates over the past year, banks' deposit inflows have held up well. Growth in household deposit balances outstripped growth in mortgage balances during the 12 mon.. read more
CBA the best performer on almost every earnings measure 05 November 2014 4:54PM On almost every measure, Commonwealth Bank was the top performer among the big banks in the 2013/14 financial year. read more
Westpac results at a glance 04 November 2014 4:59PM Westpac reported a net profit of A$7.56 billion for the 12 months to September - an increase of 12 per cent over the previous corresponding period. On a cash basis, after adjusting for costs associate.. read more
Moody's rates Teachers Mutual Bank A3 04 November 2014 4:53PM Teachers Mutual Bank has prepared the ground for a venture into the term wholesale funding market, with a credit rating from Moody's. The ratings agency has assigned TMB a long-term rating of A3. read more
ANZ results at a glance 03 November 2014 4:50PM ANZ reported a net profit of A$7.3 billion for the 12 months to September - an increase of 15 per cent over the previous corresponding period. On a cash basis, after adjusting for foreign exchange mov.. read more
ANZ not cannibalising Australia for Asian growth 03 November 2014 4:47PM ANZ chief executive Mike Smith has rejected the suggestion that the bank is funding its growth in Asia by cutting back on its Australian business. read more
Macquarie defends the abnormal growth of its mortgage business 03 November 2014 4:46PM The rapid growth of Macquarie Group's Australian mortgage business prompted a series of questions from analysts at an investor briefing on Friday, when Macquarie presented its results for the Septembe.. read more
Housing and business finance markets make steady progress 03 November 2014 4:44PM Housing and business finance markets have made steady progress since the start of the year, while the personal finance market has been flat. read more
Margins wider for conforming and non-conforming RMBS 03 November 2014 4:44PM Margins widened in both the prime and non-conforming segments of the residential mortgage-backed securities market last week, when Bluestone and Wide Bay completed transactions. read more