NAB picks CFO 25 July 2013 4:42PM Craig Drummond, an experienced investment banker and CEO, is to join National Australia Bank as finance director and head of strategy. read more
Fair Loans to repay overcharged borrowers 25 July 2013 4:37PM Fair Loans Foundation, a social lender funded by National Australia Bank, has been pulled up by ASIC for understating interest rates. read more
Treasury targets intra-group debt 25 July 2013 4:35PM The tax treatment of debt in Australia may be the subject of another review, with the release of a Treasury paper on "risks to the sustainability of Australia's corporate tax base." The paper revisi.. read more
Mint now a merchant acquirer 24 July 2013 4:19PM Mint Wireless has entered a "wholesale merchant acquiring partnership" with Bendigo and Adelaide Bank to support the entry of the Sydney-based firm into the Australian market. read more
AFG 'not for sale' 23 July 2013 4:59PM Brett McKeon, managing of director of Australian Finance Group yesterday set out to scotch talk the company was for on the market. "Quite simply, AFG is not for sale," he said in a statement. read more
Gippsland Investments not well secured 23 July 2013 4:39PM Another debenture company in Victoria is in strife. Gippsland Secured Investments says it has suspended further redemptions of at-call and term investments. read more
GE proves a litigious creditor 23 July 2013 4:33PM The creditors most frequently seeking default judgments for debts up to $10,000 are local councils, consumer credit providers, trades' suppliers, debt collection agencies, media/advertising busines.. read more
Melbourne re-brand a slow achiever for Westpac 22 July 2013 4:52PM The Bank of Melbourne brand helped attract new customers to Westpac in Victoria, which had a net increase of around 46,000 customers over the last two years. read more
Macquarie takes Next ATM step 22 July 2013 4:51PM Macquarie Bank is once again an investor in the automatic teller machine sector in Australia, taking a 49 per cent stake in Next Payments. read more