Rental scam funded by Macquarie and Lloyds 02 November 2010 5:31PM The Australian Competition and Consumer Commission asked Macquarie Bank, Capital Finance and Cisco Systems and Capital Finance to hold off on enforcing equipment rental agreements - sold underhanded.. read more
Tax debts climb 20 per cent in a year 01 November 2010 5:47PM Individuals, and to some extent businesses, continue to use the Australian Taxation Office as a pragmatic source of credit. read more
Business deposits attract attention 01 November 2010 5:45PM It is businesses, rather than households, that are proving sensitive to the attractions of smaller banks and foreign banks as alternative custodians of their deposits. read more
ANZ and NAB consistent on home loan growth 01 November 2010 5:44PM Five banks are reporting above-average growth in home loans over the last six and 12 months, including two major banks. read more
Decline in business credit steepens 01 November 2010 5:43PM If demand for credit is an indicator of the tempo of an economy, then the pace in Australia is no more than muted. Rates of overall growth in credit are drifting back to the most sluggish levels exper.. read more
Ford Credit and GMAC lift Macquarie asset finance 01 November 2010 5:38PM Macquarie Bank's efforts to carve out a leading stake in the fleet leasing and fleet financing market in Australia are taking shape, and helping the bank's corporate and asset finance arm contribute t.. read more
Mambo may be ready in a year 29 October 2010 5:42PM Major banks are working to a December 2011 deadline to allow online payments from a debit account, a project known as Mambo, or "me at my bank online". read more
Smith unimpressed with Hockey bank-bashing 29 October 2010 5:37PM Mike Smith, chief executive of ANZ, yesterday scorned the new policy towards banks announced by the Opposition's shadow treasurer, Joe Hockey, earlier in the week, including the call for an inquiry in.. read more
No collective provision for ANZ NZ 29 October 2010 5:33PM For the first time in four years, ANZ New Zealand made no collective provision for loan impairments because of moderating risk levels across its businesses. read more
Patchy progress for ANZ in Asia 29 October 2010 5:31PM ANZ changed how it presented its Asian businesses' earnings in the full-year financial results published yesterday, making indicators of progress in a region of great strategic interest to the bank.. read more