NAB paddles in technology pool 11 May 2012 4:07PM National Australia Bank will have the mechanisms in place to provide its merchant customers in Australia with same-day settlement some time during the next year. read more
LNG finance receives US aid 10 May 2012 4:36PM The Export-Import Bank of the United States will provide a rare - and bumper - US$2.95 billion loan to support sales by US contractors to the Australia-Pacific LNG project on Curtis Island, near Gla.. read more
Macquarie buys into conveyancing reform 08 May 2012 4:26PM Macquarie Capital will join state governments and major banks as a shareholder in National E-Conveyancing Development Limited, the company seeking to drag Australia's system of property transfers in.. read more
Price signalling headed for the shadows 07 May 2012 5:12PM Bank executives may have to restrain any commentary on price trends and opportunities, and their views of competitor conduct, with dedicated "price signalling" amendments to the Competition and Cons.. read more
Margin management no surprise 07 May 2012 5:06PM Trends in bank funding costs received yet another review in the Reserve Bank of Australia's quarterly Statement on Monetary Policy on Friday, with the RBA's data providing implicit support for the i.. read more
Genworth hikes LMI premiums 03 May 2012 5:10PM Genworth will lift its premiums on lenders' mortgage insurance by seven per cent, its US management disclosed last night. read more
Capital more than adequate, says Smith 03 May 2012 4:57PM Asked by an analyst yesterday about capital requirements in banking, ANZ's CEO Mike Smith says: "Every time we seem to get to the place that we want to be our regulators say we require more capital." read more
Industry gets help with margins 02 May 2012 5:01PM Banks have more scope to repair their margins now the Reserve Bank of Australia has said it will cut the target for the cash rate by 50 basis points to 3.75 per cent. read more
Shared equity rationed 02 May 2012 4:59PM Bendigo Bank is rationing access to its shared equity product, Homesafe, with only one third of the demand for this form of finance being fulfilled read more
Fitch rethinks Suncorp Bank rating 02 May 2012 4:53PM Fitch Ratings has lifted the long-term credit rating of Suncorp Bank to A+ from A, reversing a downgrade made only 10 months ago. read more