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Specific taxes on insurance deserve to be abolished, the Henry tax review concluded - not that there is any sign of the federal or state governments taking notice of this in the short term. read more

The era of credit rationing may be coming to a close, at least for the biggest businesses. read more

ANZ is taking a brighter view of the outlook for credit quality in Australia but maintaining a dour assessment of prospects in New Zealand. read more

ANZ's business in Asia reported a decline in profit for a second half in a row for the bank. The decline is relatively marked in Australian dollar terms and less so in US dollar terms. read more

ANZ paid no goodwill for the acquisition of three Royal Bank of Scotland businesses purchased over the March 2010 half and incorporated in its latest profit; in the Philippines, Vietnam and Hong Kon.. read more

ANZ's CEO Mike Smith provided little insight into the level of the bank's interest in making a bid for the 51 per cent stake in Korea Exchange Bank that Lone Star Fund has for sale. read more

Lending five or ten grand for three years for equipment that will be worth next to nix long before the end of its contract is one of the market niches that appeals to Bank of Queensland, the buyer o.. read more

CIT Group is retaining more than a quarter of its Australian receivables, all of them aviation and aerospace finance. read more

Commonwealth Bank continues to find merit in minority investments in banks in Asia. CBA last night said it had agreed to enter a "strategic partnership" with Vietnam International Bank. read more

ANZ has expressed interest in buying the controlling stake in Korea Exchange Bank, South Korean news agency Yonhap Infomax reported. read more