AWA breaks Alcoa bonds 09 December 2010 5:34PM One more small credit union merger is moving through the system. AWA Credit Union will take over Geelong and District Credit Cooperative, the fourth smallest of the sector. read more
Credit fees suspended from CPI 07 December 2010 5:46PM Australia's chief inflation measure will exclude bank fees hidden in interest charges for several years, from September 2011, the Australian Bureau of Statistics said yesterday. read more
CALC likes higher up-front home loan fees 07 December 2010 5:41PM Higher up-front fees on home loans are preferable to other pricing approaches, which may confuse customers, the Consumer Action Law Centre wrote in its submission to the Senate banking inquiry. read more
Retail funds cost increased 140 bps at CBA 07 December 2010 5:38PM Commonwealth Bank's submission to the Senate banking inquiry centres on funding themes and asks readers to think about "a structural shift in the way the banking sector is now funding itself." read more
A Bella year for ABS 07 December 2010 5:36PM Capital Finance will refinance a pool of A$368 million in car and truck loans via the sale of bonds by Bella Trust Series 2010-2. It is the second such transaction from Capital Finance this year. read more
Choice white-labels MoZo data 06 December 2010 5:51PM Do many bankers or bureaucrats remember the fate of the Consumer Financial Information Service, a service funded by the Federal Government and offered by the Australian Consumers Association with da.. read more
Deposit growth accelerates for banks 06 December 2010 5:48PM ABS Financial Accounts got a rare - and deserved - mention in the Australian Bankers Association's submission to the Senate inquiry into banking. read more
Long-term funding a pricing pain 06 December 2010 5:47PM The Australian Bankers Association turned to industry data, rather than ABS data, in making its case on margins in its submission to the Senate banking inquiry. read more
Banks favour federal mortgage insurance 06 December 2010 5:45PM Public mortgage insurance, covered bonds, better credit reporting, more work on electronic conveyancing, less regulation and easier entry to the industry all feature on the wish-list included by the.. read more
Banking policy package on the blocks 03 December 2010 5:25PM Momentum may be reaching a peak over the federal government's activist policy package on banking, with talk of an announcement by the Treasurer, Wayne Swan, this Sunday. read more