Little need for banks to borrow, says RBA 21 May 2014 3:19PM Banks are likely to continue with little net debt issuance in the short to medium term, only selling enough wholesale debt to replace maturing liabilities, Reserve Bank assistant governor Guy Debelle.. read more
Amex fires back at rival schemes 21 May 2014 3:17PM Individual scheme shares of the credit and debit card sectors should be published by the Reserve Bank of Australia, American Express has proposed in a second submission to the Financial System Inquiry.. read more
CBA chair mulls growth options 20 May 2014 3:24PM David Turner, chair of the board of Commonwealth Bank, has declared his supported the four pillars policy that prevents mergers between the big major banks. read more
Wealthy misguided on home values 20 May 2014 3:23PM The wealthiest and most indebted households are more likely to overestimate the value of their homes, analysis by staff of the Reserve Bank of Australia has found. read more
Clydesdale explains UK provisions 19 May 2014 3:25PM The review by Clydesdale Bank of interest rate hedging products is "significantly further advanced" than its review of tailored business loans, NAB's UK subsidiary disclosed in its half-year financial.. read more
Rudd spells out GFC advice 16 May 2014 11:22AM A crucial piece of eye-witness history on Australia's brush with the global financial crisis features in the witness statement by former prime minister, Kevin Rudd, to the Royal Commission into the Ho.. read more
Eftpos hub begins testing 15 May 2014 3:32PM Eftpos Australia says it has passed some milestones in the build of its new hub with two members now connected and testing expected to begin soon. read more
Treasury bond issuance will reduce 15 May 2014 3:30PM Treasury bond issuance in 2014/15 is expected to be around A$63 billion, the Australian Office of Financial Management said yesterday. This is down from the approximately $80 billion, in face value te.. read more
Budget cuts won't restrain need to borrow 14 May 2014 4:48PM The supply of Commonwealth government bonds will be barely affected by last night's Budget. The face value of Commonwealth bonds on issue during 2014/15 is forecast to remain at around A$360 billion,.. read more
GE picks new president 14 May 2014 3:26PM Geoff Culbert will take over as president and chief executive of GE Australia & New Zealand, replacing Steve Sargent. read more