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The wet and slightly warmer than usual summer in eastern Australia is producing improved returns for farmers, and also improved returns for Rural Bank. read more

The half-year profit report for Westpac, published two weeks ago, already made it clear that the commercial property loan portfolio of St George was a drag on asset quality over the period. The bank.. read more

The public relations machinery for litigation funder IMF (Australia) clicked into gear yesterday, delivering the firm extensive coverage in the mass media for its plan to launch class actions agains.. read more

Pepper Homeloans may be sold to Aladdin Capital, a US-based private equity investor that specialises in credit-related businesses. read more

Banks will, after all, receive a couple of tax sweeteners from the Australian government following the "Henry review" of the tax system. The big gain, announced in the government's budget last night.. read more

The face value of Treasury Bonds on issue at 30 June 2010 is projected to be around $125 billion. read more

Interest paid on low value bank deposits and comparable savings will be subject to a reduced rate of tax from July 2011, the Australian government said last night. The measure was announced in the b.. read more

Comparing bank profits, even with relatively neutral measures such as return on equity, can be a bit of a minefield taking into account changes in accounting practice, shifts in classification of su.. read more

NAB management continues to take a doggedly vague stance when invited to confirm the strategic options for its business in Britain. read more

Westpac said it has cut commercial property lending, as a proportion of its portfolio, by three percentage points over 12 months, with this industry sector now representing 9.6 per cent of all lendi.. read more