Rental scam funded by Macquarie and Lloyds

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

Business deposits attract attention

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

Decline in business credit steepens

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

Mambo may be ready in a year

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

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

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

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