341

The committal hearing on bribery and related charges of eight people associated with banknote manufacturer Securency began yesterday. read more

There are signs of a response in the level of credit being demanded by households in the latest monthly data from the ABS that could point to a stronger recovery than other, partial, measures of dem.. read more

A ruling by the Financial Ombudsman Service that a financial planning business must compensate two clients has been upheld by the Supreme Court of Western Australia. read more

Momentum may be gathering regarding a delay in banking regulation reforms, with a planned inquiry into the financial system by an incoming Coalition government of the means of shepherding through an.. read more

Funding costs for banks, relative to the cash rate, "increased further over the past quarter, driven primarily by developments in deposit funding", according to the RBA. read more

The four major banks have cut around 3500 jobs in Australia over the first seven months of the calendar year, according to data compiled by the Finance Sector Union. read more

Commonwealth Bank has abandoned negotiations with the Finance Sector Union and will adjust pay rates for most staff by 3.5 per cent. read more

Standard Chartered is wrangling with the New York state financial regulator over a finding that it "schemed with the government of Iran and hid from regulators roughly 60,000 secret transactions, in.. read more

Outgoing RBNZ governor Alan Bollard made some sobering observations on the New Zealand economy and the implications for banks in one of his last speeches. Households and agribusiness will have to ada.. read more

The boom in solar panel installations is working for specialist financier FlexiGroup. More than half the loans in a A$250 million pool of loans securitised at the end of last week are for households.. read more