APRA pushback on internal bail-outs

Proposals by banks to bail out frozen mortgage funds earlier this year got the cold shoulder from the banking regulator, the 2009 annual report from APRA shows. read more

Less super released early

There was a small drop in the number of claims for the early release of superannuation in the year to June 2009, the annual report of the Australian Prudential Regulation Authority shows. read more

ATM fees rising and falling

The fee for using an independently owned ATM is on the rise in distant locations. Customers Limited, the largest owner of ATMs, says its fees are now $2.50, up from $2.00. Fees have been cut on a tria.. read more

NZ ATM dream nears

Customers Limited told its annual meeting that it believed there was scope for around 220 more ATMs in the New Zealand market and that the firm was aiming to install at least 500 of them. read more

S&P seeks to limit liability for its ratings

Standard & Poor's may alter the established dynamics of companies seeking to sell term debt in the retail market following their decision to drop plans to apply for a retail financial services lic.. read more

December default for RHG

RHG Group "is more likely rather than less likely" to have defaulted on a $750 million loan from UniCredit in December 2008, a judge of the Supreme Court of New South Wales has found. read more

Yield improving for Rural Bank

Rural Bank's earnings lifted in the September 2009 quarter, with an operating profit of $13.8 million for the year. The bank's 40 per cent shareholders, Elders Limited, indirectly reported the profit.. read more

Status quo for RHG

An effort by a group of activist shareholders to win a spot on the board of RHG failed yesterday. Only 30 per cent of shareholders voting at the annual meeting voted in favour of a motion to elect Ste.. read more

iCash finds backers

A number of high net worth retail investors and also some institutional investors are buying the growth story of automatic teller machine deployer iCash Payments, though the story is proving to be a s.. read more

Multiple owners for ATMs

With iCash Payments generating some investor attention on the ASX there are now two listed companies in the specialist segment of owning and operating automatic teller machines. Customers Limited is t.. read more