NAB works with thin ratings buffer 02 December 2011 5:48PM The revised long-term credit rating for National Australia Bank of AA- may reveal it to be the most vulnerable of its domestic peer group, with Standard & Poor's citing its exposure to the stres.. read more
Moody's sanguine on Australian banks 02 December 2011 5:46PM Moody's has provided an alternative assessment on the credit quality of Australian banks, and reiterated its view that "the outlook for Australia's banking system remains stable." read more
Macquarie Bank's rating rests on public prop 02 December 2011 5:45PM The A- credit rating for Macquarie Bank derives from the prospect of public sector intervention to assist the bank in any future period of difficulty, ratings agency Standard & Poor's makes clea.. read more
EzeATM follows consolidation dream 02 December 2011 5:42PM EzeATM will buy the Australian automatic teller machine fleet of iCash Payments. EzeATM agreed to pay A$16 million for a business that three months ago the seller wrote down to a carrying value of.. read more
Non-conforming works for RedZed 02 December 2011 5:40PM Investor funds are flowing into non-conforming lending, with RedZed Lending Solutions completing a placement of A$80 million in mortgage-backed securities with a small group of investors. read more
NAB half way there on lending comeback 01 December 2011 5:34PM National Australia Bank is the one bank that has acquired meaningful extra market share in the home loan market over the last couple of years, with other major banks largely consolidating their posi.. read more
Households keep cap on credit 01 December 2011 5:32PM Growth in demand for home loans continues to wallow at near historically low levels - and demand for other forms of personal credit, including credit cards and margin loans, is in outright retreat. read more
S&P dumps four from AA ranks 01 December 2011 5:30PM Four banks slipped from the ranks of 'AA', while the only 'AAA' rated bank in the world also suffered a demotion in Standard & Poor's latest credit ratings. read more
Bank disdain suits Greater 30 November 2011 5:54PM Greater Building Society has easily funded better-than-budgeted growth in home loans off a surging deposit book, and can thank the pricing tactics of the major banks for its success on the asset sid.. read more
Full house of AAA ratings for Australia 30 November 2011 5:50PM All three major credit ratings agencies now have an AAA rating on the long-term foreign currency debt of the Australian Government. read more