RBA picks payments policy head 03 February 2012 5:34PM Tony Richards is to take over as head of payments policy at the Reserve Bank of Australia. read more
Credit union preference share sale pulled 02 February 2012 5:35PM Holiday Coast Credit Union has had to abandon a planned issue of preference shares to members that would have raised A$1.8 million in capital because the proposal has fallen foul of the prudential r.. read more
Triple searches needed on PPSR 02 February 2012 5:32PM The adequacy of data transferred from security registers maintained by the ASIC to the new Personal Property Securities Register has emerged as the most common source of discontent with users of the.. read more
Register strife leads to payments pain 01 February 2012 5:43PM Some banks are withholding payments to car dealers pending a resolution of the problems with search functions on the new Personal Property Securities Register. These continued into the second day of.. read more
ATM yield up but profit down at Customers 01 February 2012 5:35PM ATM fleet operator Customers will report a fall in earnings of as much as 25 per cent when it releases its financial report for the December 2011 half year. read more
Search stress on debut for PPSR 31 January 2012 5:25PM Search functions were often unavailable, slow to respond or produced duplicate results on the first day of operation of the new Personal Property Securities Register. read more
Fitch considers downgrade for Australian banks 31 January 2012 5:22PM Fitch Ratings is considering a downward revision in the long term credit ratings of Australia's major banks, a step that may cost one of them an 'AA' class rating. read more
Suncorp turns to Oracle to update banking systems 30 January 2012 5:29PM Suncorp Bank has outlined a three-year program to upgrade its banking technology systems, including a project to replace its Hogan core banking system with the Flexcube product from Oracle. read more
IMB manages margin drift 27 January 2012 5:28PM Wollongong-based building society IMB has managed to offset the effects of an erosion in its margins and a rise in the level of liquid assets over the December 2011 half, and post a mild increase in.. read more
Still more bank capital needed, says IMF 25 January 2012 5:01PM The capital ratios of Australia's four largest banks underestimate their capital strengths, but despite this these banks need even more capital, the International Monetary Fund argues. read more