Hockey fans infrastructure 'alternative' 17 October 2013 5:41PM The Australian Government is "developing a plan for growth that will be centred around infrastructure" and which will feature "alternative financing options" that are yet to be specified, the treasu.. read more
Business lending looking perky 16 October 2013 5:25PM Demand for business loans is consolidating, a rare sign of improving times for banks. The Australian Bureau of Statistics says the trend series for the value of commercial finance commitments increas.. read more
iSelect briefing fails to clarify source of revenue shortfall 15 October 2013 5:26PM Financial comparison service iSelect may be straining to generate new revenue from the loans and deposit side of its business. It confirmed yesterday that its revenue projection for the first half of.. read more
Re-branding taxes Beyond profit 15 October 2013 5:23PM Profits tumbled for Beyond Bank Australia in the year to June 2013, falling 18 per cent to A$23.2 million. Formerly Community CPS, the Adelaide-based credit union re-branded as a mutual bank in August.. read more
Analysis: Hard lessons for Westpac 14 October 2013 6:09PM The Capital Finance business is one of the great entrepreneurial success stories of Australia's finance sector. Founded by the Bank of Scotland in the mid-1990s, Capital chased business mainly from s.. read more
IMB plans second off-market buyback 14 October 2013 6:08PM Wollongong building society IMB said over the weekend that it plans to buy back up to A$14 million worth of its ordinary shares through an off-market tender. read more
Grimshaw promises more productivity gains at BOQ 11 October 2013 6:04PM Bank of Queensland is making some headway with its lacklustre productivity and high cost base, and is meeting its targets to limit the rise in expenses over the past year. read more
ME Bank rating lifted to BBB+ 11 October 2013 6:00PM Standard & Poor's says it has lifted its long-term issuer credit rating on Members Equity Bank to BBB+, from BBB. S&P affirmed the short-term rating at A-2, and said the bank's outlook is st.. read more
Fixed interest in favour 10 October 2013 5:31PM Fans of fixed interest can take some heart from a revival of non-government bond turnover during the year to June 2013. The Australian Financial Markets Association said, in its annual Financial Ma.. read more
Stop-gap pay rise for CBA staff 10 October 2013 5:26PM Most of the Commonwealth Bank's 23,000 employees will received a pay rise of 3.75 per cent, back-dated to July 1, under a short-term rollover deal negotiated with the Finance Sector Union and approv.. read more