Rise of rural independents could pressure banks 23 August 2010 4:45PM Australia's banks may face increased pressure to finance rural businesses if, as widely expected, three conservative independents become the pivotal force in the next federal government. read more
Green wish list: Lower ATM fees, fixed margins on home loans and basic accounts 23 August 2010 4:44PM An easy policy bone that Labor can offer its third party supporters is more prescriptive control of bank pricing, bank practices and even bank products. read more
Business lending grows slowly for ANZ 23 August 2010 4:43PM ANZ reported modest growth in the June 2010 quarter, over the March quarter, across a range of business lines. read more
ANZ still talking savings 23 August 2010 4:43PM The macro numbers in ANZ's third-quarter trading update, released on Friday, were mostly favourable for the bank. read more
Garbage bond funding for Reynolds 23 August 2010 4:40PM Reynolds Group Holdings, owned by New Zealand investor, Graeme Hart, may use US$5 billion in leveraged loans and junk bonds to finance the takeover of Pactiv Corp, a manufacturer of garbage bags. read more
HSBC and UBS bonds last of a kind 23 August 2010 4:39PM Two more international banks last week took the opportunity to sell Australian dollar debt, taking advantage of ample liquidity and favourable pricing to raise the funds and swap the proceeds into.. read more
Funders getting back to business 20 August 2010 4:37PM The machinery of securitisation may be grinding back into gear, with Macquarie Bank the latest to market a pool of mortgage-backed securities. The bank is selling $500 million in bonds through Puma.. read more
Employment an alternative measure of finance income 18 August 2010 4:49PM The Australia Institute appears to be succeeding in drawing some attention to its policy proposal to reduce aggregate bank profits to two thirds of their current level, with the governor of the Rese.. read more
Let banks fail: Stevens 18 August 2010 4:49PM Bank regulators need to be able to let banks fail, a view that must inform decisions and regulations on how complex banks are allowed to become, Glenn Stevens, governor of the Reserve Bank of Austra.. read more
Yield improves for FlexiGroup 18 August 2010 4:46PM High-priced lease finance for small business and households is producing a reasonable return for equipment finance company FlexiGroup, which yesterday said it will report a full year "profit before.. read more