374

The level of home loans 30 days or more in arrears continues to steadily climb, with the number of regions "performing poorly" rising to 22 from seven, according to Moody's Investors Service. read more

Resimac will buy a majority stake in NZ Home Loans, a sale foreshadowed in June. read more

The Federal Court yesterday upheld an appeal by Macquarie Bank over the tax treatment of its capital gain, in March 2004, on its fleeting ownership of a minority stake in Minara Resources. Minara op.. read more

Foreign financial regulators are leaning on their Australian counterparts to smarten up aspects of their plans for intervention in the affairs of a failing bank should this occur. read more

Financial regulators in Australia may need to adapt their tool kit to respond to "sector-specific risks", a "peer review" of Australia by the Financial Stability Board recommends. read more

Commonwealth Bank will spend "an additional $100 million over the next 10 years" on community contributions and donations, the bank said yesterday - a piece of public relations intended to focus att.. read more

With The Rock Building Society in its last months as an independent financial institution, the chair of the board has used the society's final annual report to review the shortcomings of the Rockham.. read more

The Reserve Bank of Australia increased the carrying value of its half-share in Securency to A$54 million at June 2011, up from $49 million a year earlier, the  Reserve Bank of Australia's annu.. read more

Three of the city commercial banks in China that count Australian banks as equity investors reported an improvement in profit in 2010, the second annual survey of banking sector profits in China by KP.. read more

Superannuation funds and employers will need to conform to new standards on the payment of contributions and rollovers beginning in 2013 - if the timetable announced yesterday sticks and the industr.. read more