331

Six months after saying that its models were "improving" and that there was "a lesser requirement for collective provisions", National Australia Bank has had to top up those provisions in the final.. read more

Standard & Poor's said it had raised its long-term issuer credit rating on Credit Union Australia to BBB+, from BBB. read more

The severity of competition for term deposits put a brake on Bank of Queensland's return to profit over the half year to August 2012. read more

Most documents travel between Bank of Queensland offices by fax, courier and mail, CEO Stewart Grimshaw told an investor briefing yesterday to illustrate the investment spend facing the group. Stre.. read more

Gateway Credit Union met its target for super-charged asset growth but missed a profit target in the year to June 2012. read more

Australian businesses have adapted well to volatile market conditions and can deal with uncertainty, says a senior business banker. read more

Almost half the disputes over financial hardship considered by the Financial Ombudsman Service in the past financial year arose because the lender did not respond to requests by a borrower to consid.. read more

Equipment rental company Hirepool in New Zealand has sought clearance by the Commerce Commission to buy rival Hirequip out of receivership in a bid to get greater exposure to the heavy construction.. read more

Major banks in Australia may be made subject to a regime that formalises additional layers of regulation for "domestic, systemically important banks" - known as D-SIBS - from 2016. read more

Use of scheme debit cards to make payments is growing quickly once more, perhaps fuelled by the need for a MasterCard- or Visa-branded card to make purchases online. read more