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Last year, the banking industry set out to break the nexus between movements in the Reserve Bank's cash rate and changes to their variable home and business loan rates. They have succeeded but are n.. read more

Retail trading in government securities moved a step closer yesterday, following the passage of enabling legislation in the Senate. read more

Suncorp Bank completed its second covered bond transaction yesterday, The bank will pay 90 basis points over mid swap for the five-year fixed rate issue. read more

A year ago, 9.1 per cent of the loans in NAB's UK commercial real estate book were classified as impaired. At the end of September this had climbed to 16.4 per cent - this figure alone explains why.. read more

National Australia Bank suffered a 28 per cent fall in net profit over the past year, as a result of a sharp increase in its charge for bad and doubtful debts. read more

There wasn't much talk from National Australia Bank's chief executive, Cameron Clyne, about the bank's price leadership in the mortgage market yesterday. read more

Teachers Mutual Bank suffered a 20.6 per cent fall in net profit in the year to June, as a result of a significant increase in its interest expense and administration costs. read more

ME Bank provided an update on its transition to a conventional banking structure in a 2011/12 financial report released yesterday. read more

Lending data released by the Reserve Bank and the Australian Prudential Regulation Authority yesterday show that growth rates remain weak. read more

Issuance of government bonds reached its peak for the current cycle during the 2011/12 financial year, says the Australian Office of Financial Management. read more