Bloodbath in the at-call market

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

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

Westpac results at a glance

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

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

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