Leases back as bond security 22 May 2012 4:34PM Bank of Queensland is marketing its first asset-backed security in more than four years. read more
BNZ sticks with market rates on five-year funding 22 May 2012 4:32PM Bank of New Zealand will call a retail bond issued five years ago, even though it is likely to have a pay 200 basis points more on new money to replace this money. read more
CBA will live with tighter margins 18 May 2012 5:02PM Commonwealth Bank will wear the squeeze on its interest margins from more expensive term-funding the bank's chief executive told an investor briefing yesterday. read more
Heritage pays up for retail bond 18 May 2012 5:00PM Heritage Bank will diversify its funding, at a price, with the mutual bank yesterday beginning to market a five-year bond. It aims to raise A$125 million, mainly from retail investors. read more
Industry stuck with cheques 16 May 2012 4:43PM Fees will rise for the dwindling band of cheque users, the Australian Payments Clearing Association noted yesterday in releasing a report on dispensing with this form of payment. read more
ANZ doubles up in China 16 May 2012 4:42PM ANZ has announced "plans" to invest a further two billion renminbi in its wholly owned subsidiary in China. read more
Cash rate cut hard for a reason 16 May 2012 4:37PM This month's 50 basis point cut to the Reserve Bank's cash rate was made with a view to dragging borrowing rates lower, and reversing the trend of rising lending rates, the RBA made clear yesterday. read more
ATM rebates on the rebound 15 May 2012 4:41PM Rebates paid by operators of automatic teller machines are on the rebound, suggesting that consolidation in the sector is serving to intensify competition for sites among ATM operators. read more
APRA seeks further cuts to short-term funding 14 May 2012 4:44PM APRA has beaten the drum again on the need for banks to lift their percentage of long-term funding, saying they must show they have made every effort to do so before they will be given access to th.. read more
ANZ's bank fees action goes to High Court 14 May 2012 4:42PM The plaintiffs in the class action against ANZ over the alleged over-charging of penalty fees are to have their appeal against an adverse ruling in the Federal Court heard by the High Court. read more