Analysts like BOQ's result, but don't rate the stock a Buy 14 October 2013 6:06PM Sell-side analysts were impressed by the improvements in asset quality, capital strength and cost management that emerged as the highlights of the Bank of Queensland's 2012/13 results presentation l.. read more
Cash Converters rejects 'flawed' unlawful fee claim 11 October 2013 6:12PM Payday lender Cash Converters has confirmed that it received a letters from law firm Maurice Blackburn this week, outlining a claim that a fee it charged on a loan was unlawful. The company said it wo.. read more
St George launches Business Hub 11 October 2013 5:59PM St George has launched a serviced office facility for small businesses. The new service, called Business Hub, is free and has been designed with the aim of providing "the capacity for small business.. read more
Greater trust in banks' handling of customer data 10 October 2013 5:29PM Australians are more concerned about identity theft and fraud than ever before, especially when using online services. But the good news for the financial services industry is that the level of trus.. read more
CUA core system changeover suffers minor glitches 10 October 2013 5:27PM CUA switched over to its new core banking system on the weekend and yesterday reported that the system was working; that it had been reconciled; and that all customer funds were accounted for. There.. read more
ATO's 'credit' tightening a risk for banks 09 October 2013 5:23PM A more aggressive approach to debt collection by the Australian Taxation Office, as it plays its part in returning the Australian government budget to surplus, has emerged as a significant risk fact.. read more
Big is beautiful in the RMBS market 09 October 2013 5:19PM The cost of issuing residential mortgage-backed securities over the past couple of weeks has been as low as 85 basis points over the bank bill swap rate for big banks, and as high as 105 bps over sw.. read more
Rising business confidence could boost borrowing 08 October 2013 5:08PM The strong pick-up in business confidence since the federal election may translate into greater demand for loans. Macquarie Research and East & Partners has found that a significant number of bu.. read more
New international payments companies enter the market 08 October 2013 5:07PM The market for foreign exchange and remittance services is getting more crowded, with the entry of two British companies, Skrill and TorFX, into the market. read more
BOQ and owner-managers back in court 07 October 2013 5:37PM Long-running litigation involving the Bank of Queensland and a group of former New South Wales branch owner-managers returns to court this week, when the parties make their final submissions. The fo.. read more