457

Suncorp will be in a position to return around A$500 million of capital from its non-core bank to the core bank, according to a UBS review of the group. read more

National Australia Bank has written off two remaining synthetic collateralised debt obligations in its Specialised Group Assets portfolio. read more

Deposit-taking institutions will need to start making plans for how they will structure their deposit products under Basel III, after a reminder by the Reserve Bank that at-call accounts are genera.. read more

Mortgage insurers earned a total of A$999 million of premium income in the year to June last year and incurred claims of just $177 million. read more

Perpetual Ltd has issued a statement saying a Dow Jones report that it had appointed advisers to assist with the sale of its corporate trust division is wrong. read more

The Reserve Bank is considering a major change to the governance of the payments industry as a way of ensuring the sector is better able to undertake systemic innovation. read more

The Australian Taxation Office has issued a new tax ruling on split loans, revising the ruling it made more than a decade ago. read more

Online account phishing and other consumer banking fraud ranked fourth on the list of the most common types of scam in 2011, according to an ACCC report. read more

Two business banking customer surveys were published yesterday - one shows overall ratings falling, while the other shows an increase in satisfaction. But they agree on one thing: Westpac has the hig.. read more

Online payment service provider PayPal is expanding into the provision of point-of-sale payments services. read more