Homeloans paying dividends

Homeloans Limited will pay a large percentage of its second-half profit as dividend and management aims to maintain a high payout ratio. read more

Rubik making sales, but not yet profits

Rubik Financial may have published financial statements on the last possible day of profit reporting, but it also produced one of the more interesting, simply by taking the trouble to try to explain t.. read more

Featherweight Ford gains access to OzCar funds

Ford Credit in Australia may finally get to lighten the funding load on its US parent and source replacement funding from Australian banks, with the activation, after long delays, of the OzCar Trust. read more

CBA increases hybrid to $900m

Commonwealth Bank increased the scale of its planned hybrid capital raising to $900 million from $700 million. The bank published the prospectus for the sale of the "PERLS V" hybrid securities on Frid.. read more

GBST in the red, by design

GBST incurred a loss of $700,000 on revenues of $1.3 million from its effort to break into the market for the supply of comparative data on banking products, financial statements for the year to June.. read more

InfoChoice remains in the red

While banks may be faring pretty well two years into the credit crunch providers of information services on banking may not be trading so well. read more

PSB defers cut to interchange fees

A threatened cut in the level of interchange fees paid on credit card transactions, to an average of 30 basis points, won't be introduced for the time being, the Payments System Board said yesterday. read more

BankWest impairments getting worse

Bank of Western Australia's problem loans worsened over the June 2009 quarter, and by a greater degree than for any other bank whose quarterly "pillar 3" report this newsletter's revised so far. read more