The Rock dependent on RBA

The Rock Building Society sourced 13 per cent of its funding from the Reserve Bank of Australia at the end of December 2009, making the Rockhampton-based ADI one of the most mendicant deposit-taking e.. read more

MyState on track

The newly listed, and demutualised, MyState Limited is trading in line with budget, its debut accounts since merging with Tasmanian Perpetual Trustees show. read more

Generous dividend maintained by Wide Bay

Wide Bay continues to pay out one of the most generous dividends of any bank or building society in Australia, with a dividend of 32 cents a share, or $10.1 million in all, to be paid to shareholders. read more

RBA out of sync on liquidity review

The governor of the Reserve Bank of Australia on Friday adopted a stance more in line with that of banks in Australia, but inconsistent with that of bank regulators in Australia and elsewhere, in the.. read more

Clydesdale drags on NAB

Britain's lethargic economy remains the chief drag on any recovery in earnings for National Australia Bank. The UK region contributed more than half the increment in loans classed as "90 days past due.. read more

Heritage stirs from its slumber

Improving interest margins have worked to restore the profit of Heritage Building Society, with a rise of 50 per cent in net profit to $16.1 million for the half year to December 2009. Taking into acc.. read more

Consumer loans going bad

Westpac said at its trading update yesterday that its impairment charge for the December 2009 quarter was around $400 million lower than over prior quarters, not that the bank produced any other line.. read more