The Rock dependent on RBA 25 February 2010 5:20PM 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 24 February 2010 6:01PM 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 23 February 2010 5:36PM 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
Internal funding sufficient for ThinkSmart 23 February 2010 5:36PM Office equipment financier ThinkSmart will push ahead with plans to replicate its Australian business model in select markets of western Europe. read more
RBA out of sync on liquidity review 22 February 2010 6:05PM 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
More tempted by margin lending 22 February 2010 6:05PM Margin lending is proving to be a growth product for the few banks that seriously market this financing option. read more
Clydesdale drags on NAB 22 February 2010 6:04PM 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 19 February 2010 5:14PM 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
Guarantee on large, at-call deposits capped from March 18 February 2010 5:16PM Treasury has clarified the application of the guarantee on at-call deposits of more than $1 million and which will linger for another five years once the option to take up the guarantee runs out in la.. read more
Consumer loans going bad 17 February 2010 5:32PM 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