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Finance sector profits are no bigger four years into the financial crisis than they were immediately preceding the worst phase of the shock, in late 2008. read more

Police & Nurses Credit Union will avoid loans to residential property borrowers who have a deposit of less than 10 per cent  from now on, as the Perth-based lender takes a cautious view of.. read more

ADIs will still have to clear dividend payments with the banking regulator if they exceed after-tax earnings, but they will not have to seek agreement to pay distributions on subordinated debt and p.. read more

Mecu Limited offset a 20 basis point decline in its interest margin over the year to June 2012 to report a net profit of A$27.0 million, only $500,000 lower than the year before. read more

The vendor of the Emerchants pre-paid cards business failed to earn any contingent payment for a second year in a row in the 2012 financial year. Adept Solutions, the new owner of the business, fail.. read more

A tax benefit of A$1.1 million accounted for two-thirds of the $1.6 million reported profit of EzeATM in the year to June 2012. The pre-tax profit for the business was $420,000. read more

ATM operator GRG broke even on its automatic teller machine operations in Australia in the year to June 2012 but reported a loss on its international business. read more

The complexity of Basel III and other regulatory responses to the global financial crisis may be misplaced, Andy Haldane, director of financial stability at the Bank of England, argued in a paper de.. read more

Investors in an unrated bond being marketed by small business equipment financier Silver Chef will diversify the firm's funding away from long-term banker, Commonwealth Bank. read more

A soirée at the Playboy Mansion in Los Angeles this week for gun brokers affiliated to the Australian Finance Group has become a talking point in the industry. read more