A hundred credit union skittles still to fall 16 July 2010 4:45PM Consolidation is one of the continuing themes at the small end of the deposit-taking sector, and the CFO of one of the consolidators took a stab yesterday at guessing how many credit unions might su.. read more
Citi rents ATM sites 14 July 2010 4:21PM Customers Limited will rebrand at least 150 automatic teller machines under Citibank branding, the ATM operator announced yesterday. read more
Deposit kicker for Citi and Virgin Money 14 July 2010 4:21PM A "market-leading deposit rate" on what may be a no-transaction savings account will be the first product pitched into the market by Citibank, but carrying the branding of its new partner Virgin Mon.. read more
Retail opportunity for Australia Ratings 14 July 2010 4:19PM Australia Ratings, a boutique ratings firm formed by a handful of former staff of Standard & Poor's, yesterday announced that the firm had secured an Australian Financial Services Licence. read more
Shift to debit slows 13 July 2010 4:48PM The steady shift to payments on debit cards, and replacing payments previously made with credit cards, appears to be moderating. read more
Soft collections policy continued at the Tax Office 09 July 2010 4:51PM The intersection of the economic cycle with the electoral cycle means that small businesses struggling to pay off their tax debts can expect another year of mostly gentle treatment from the Australi.. read more
Skewering two myths on company failures 09 July 2010 4:51PM Wind-up actions by the Australian Taxation Office against companies are much less common than sometimes made out in media commentary, and are in decline, the Commissioner for Taxation, Michael D'Asc.. read more
RBA sticks to cash target for a third month 07 July 2010 4:56PM After six rises in the cash rate target over the eight months to May the board of the Reserve Bank of Australia yesterday opted, in line with practically all forecasts, to leave the target rate unch.. read more
A plea for payments reform 06 July 2010 4:51PM The Cooper Review into superannuation, as expected, supports serious reform of the processing and administration of super payments, though the final report of the review team leaves it to Treasury t.. read more
Unit costs seven times too high in super 06 July 2010 4:50PM The superannuation sector processes more than 100 million transactions annually, according to the Cooper Review, mostly the receipt of contributions but also payment of benefits and rollovers to oth.. read more