Trade and FX shape ANZ margins

The changing shape of ANZ's institutional lending business was a prominent theme in the bank's third quarter trading update published on Friday, with a planned "de-risking" translating as a route to.. read more

Liddy legacy adds up at BOQ

Another operational blunder at the Bank of Queensland will cost the bank A$46 million to remedy, or about one month's profit. read more

Cash profit a Bell of a mess

Commonwealth Bank has stretched credibility concerning its full-year cash profit - said to be A$7.82 billion - by omitting a large A$45 million loss on a loan made to one of its most notorious borro.. read more

Finance firms crash and burn

The Australian Bureau of Statistics has produced a fresh set of data on business entries and exits, which provides a new view of the success of finance firms. The latest count found that new entrant.. read more

Insurable deposits less than estimated

Less than one third of the deposit base held by Australian banks will be subject to the deposit insurance scheme proposed by the Federal Government. New estimates released by Treasury yesterday put.. read more

Gippsland on borrowed time

Gippsland Secured Investments has one more week to raise the necessary cash to avoid the appointment of receivers - half the extra time the debenture issuer was seeking. read more

Business loan supply swells

Demand indicators on the lending side are not all bad. The ABS reports that the value of commercial finance commitments increased 11.5 per cent in June 2013, following a rise of 3.4 per cent in May.. read more