Half the country's insurers making underwriting losses 16 September 2011 4:50PM Heavy losses from floods, storms, earthquakes and bushfires have pushed a number of general insurers into underwriting loss over the past year. read more
Aldi and EPAL set out their cases 15 September 2011 4:37PM Eftpos Payments Australia was aware that at least two large banks would pass on the increased cost of changes to Eftpos interchange fees to their merchant customers when it issued a press release in.. read more
People's Choice launches its post-merger strategy 14 September 2011 4:51PM People's Choice Credit Union, a product of last year's merger of Australian Central and Savings & Loans, is planning to capitalise on its position as Australia's second largest credit union with.. read more
Ask Funding close to sale 14 September 2011 4:49PM Pre-settlement lender Ask Funding, which went into run-off in March, announced yesterday that it expected to conclude the sale of its principal loan book and business by the end of the month. read more
ASIC unhappy about adviser conflicts 14 September 2011 4:48PM Big financial planning groups, including those owned by banks, are concentrating their product recommendations on a few key products. In many cases, these products are issued by companies related to.. read more
Charities increasingly vulnerable to money launderers 14 September 2011 4:44PM Anti-money laundering regulators are turning their attention to the activities of charities and other not-for-profit organisations, which they believe are becoming targets for criminal groups becaus.. read more
Term deposit guarantee clarified 13 September 2011 4:23PM There was some head scratching among depositors and bankers yesterday as they tried to figure out a confusing reference in the Treasurer's statement outlining plans for a permanent Financial Claims.. read more
Environmental Bankers Association up and running 13 September 2011 4:18PM Two of Australia's biggest banks are foundation members of a new industry association, the Environmental Bankers Association of Australia, which aims to improve the industry's approach to managing.. read more
Macquarie's first half hit by tough market 08 September 2011 4:23PM Macquarie Group issued earnings guidance yesterday, saying it expects profits for the six months to September (its interim profit) to be lower than for the September half last year. read more
Financial institutions most common fraud victims 08 September 2011 4:18PM Financial institutions are the principal victims of serious fraud, with 14 out of 50 cases coming before Australian courts in the six months to June involving fraudulent loans, insurance fraud or th.. read more