CBA to maintain 19 per cent ROE 13 August 2012 4:39PM Analysts expect Commonwealth Bank to report a cash profit of A$7.1 billion to $7.2 billion, when it delivers its result for the year to June 2012 on Wednesday. read more
Diversification pays off for FlexiGroup 10 August 2012 4:39PM FlexiGroup's program of diversification over the past three years paid dividends in the 2011/12 financial year, with new businesses contributing the lion's share of the finance company's strong earn.. read more
Sustained decline in foreign ATM use puzzles RBA 10 August 2012 4:37PM Consumers' preference for using their own bank's ATM, which was prompted by the switch to direct charging for ATM transactions in 2009, has been sustained. read more
Don't read too much into the housing finance data 09 August 2012 4:44PM The housing finance market performed strongly in June, but analysts have cautioned against reading too much into the numbers, as housing market figures have been volatile in recent months because of.. read more
Account-switching system running smoothly 09 August 2012 4:42PM The new transfer system for managing retail customer account-switching is working well, the head of the Australian Payments Clearing Association, Chris Hamilton, says. read more
Bad debts produce good result for Credit Corp 08 August 2012 4:38PM Receivables manager Credit Corp has made a higher return on equity chasing after banks' bad debts than the banks have been making on their good ones. read more
Contactless at tipping point? 08 August 2012 4:35PM The jury is still out on contactless payment technology, with research suggesting only a small minority of consumers use it, while its promoters argue it is growing strongly. read more
IMF funds action against NAB 08 August 2012 4:33PM Litigation funder IMF has agreed to fund a representative action against NAB in the Supreme Court of South Australia. read more
Firstmac prices A$300 million RMBS 07 August 2012 4:47PM Mortgage lender Firstmac will pay 160 basis points and 210 basis points over swap on the respective top two tranches of its latest issue of residential mortgage-backed securities. read more
My ATM shareholders to vote on recapitalisation 07 August 2012 4:45PM The administrator of the ATM company, My ATM, has called a shareholder meeting to consider a proposal to recapitalise the company. read more