Extended summer break on bond tenders

The Australian Office of Financial Management will take an eight-week break from sales of Commonwealth government bonds over the summer. The last tender for 2011 will be held on Friday week (Decembe.. read more

NAB offers carrot to brokers

National Australia Bank will keep its foot on the home loan accelerator with its decision to lift the up-front commission it pays to many home loan brokers. read more

Two vie for iCash ATMs

ATM operator iCash Payments has put its fleet of 1000 Australian automatic teller machines on the market and says it has already received a number offers. read more

Analysis: Capital problem for Kiwibank

Conjecture over the sale of a stake or even all of Kiwibank may build once more, following the re-election of the National Party at the general election in New Zealand on Saturday. read more

Chill falls on wholesale markets

Banks are taking a grim view of the short-term outlook for the cost of issuing new term debt, amid talk that even covered bonds in offshore markets will be hard to sell over the last month of the year.. read more

APRA single-minded on Basel III

Australia's chief banking regulator and the new head of the bankers' lobby group clashed once again yesterday over the speed of Australia's implementation of the Basel III capital and liquidity rule.. read more

Capital mysteries to remain, says APRA

Outsiders studying banks and bank capital often find their analysis limited by the bank regulator's secrecy over the actual capital ratio that it dictates to each entity. read more

Banks pay resources rent tax

Foreign banks will wait another year for cuts to interest withholding tax, with the planned change deferred to fund the exemption of less profitable mining companies from the resources rent tax. read more