CEFC survives for now 11 December 2013 5:39PM The Clean Energy Finance Corporation will remain in business for a little longer, after the Senate voted down a bill to abolish the financier yesterday. read more
IP Payments makes acquiring plans 11 December 2013 5:36PM IP Payments hopes to acquire credit card payments as an extension of its payment processing solutions for merchants. APRA gave in-principle approval to IP Payments to become a specialist credit card.. read more
More backers for rural finance plan 10 December 2013 5:21PM A plan for a populist lending mandate for the Reserve Bank of Australia has won more backing in Parliament. Independent Senator Nick Xenophon and Democratic Labor Party Senator John Madigan introduc.. read more
Small business bankers running NAB Asia 10 December 2013 5:19PM National Australia Bank must be hoping that extensive experience in Australia's small business banking market provides the right grounding to make an impact on Asia's banking scene. Yesterday, it co.. read more
Five plot card issuing entry 09 December 2013 5:15PM At least five firms, several involved in travel services, are contemplating joining MasterCard and Visa in Australia. However, they are hoping the Payments System Board will relax the requirements o.. read more
APRA is over card system supervision 09 December 2013 5:14PM One driver behind the planned relaxation of the payment card regulation framework, which became entrenched in Australia a decade ago, is a shift in thinking at the Australian Prudential Regulation A.. read more
US Supreme Court will rule on NAB's patent gamble 09 December 2013 5:10PM The Supreme Court of the United States may resolve the fate of one of the more esoteric investments of National Australia Bank. The court has agreed to hear Alice Corporation versus CLS Bank Internat.. read more
Management instability complicates Genworth's IPO plans 05 December 2013 5:29PM Turbulence in the management ranks of Genworth Financial in Australia is generating talk that the proposed sale of a 40 per cent stake in an IPO may be shelved. read more
Saving preference accelerates again 05 December 2013 5:21PM The household saving ratio took off once more over the September 2013 quarter, rising to 11.1 per cent from 10.2 per cent in the June quarter on a seasonally adjusted basis. read more
CBA surveillance detailed 04 December 2013 5:46PM "Consumer advocate" Michael Fraser provided another twist in tale of the escalating wrangle between himself and Commonwealth Bank yesterday when he published evidence of the bank's surveillance of h.. read more