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The Rock Building Society will look to its ordinary shareholders to raise capital to support its refreshed growth strategy. read more

ANZ reported only a mild increase in impaired and overdue loans in its quarterly "pillar 3" report for June 2009. read more

Impaired assets at National Australia Bank increased by a quarter over the June 2009 quarter, while the level of the better-secured delinquent loans increased only marginally over the same period. read more

National Australia Bank paid 20 times post-tax earnings for the mortgage distribution business of Challenger Mortgage Management.  read more

The earnings from the superficially profitable back book for the former Rams Home Loans Group declined quickly in the latest half year. read more

Australian Central Credit Union yesterday reported a further decline in profit in the latest half year, a result likely to be emblematic of results across the credit union sector this year. read more

Bank of Queensland has settled, for now, on a strategy of organic growth once again after the eight month strategic review failed to identify a buyer for the bank on terms the board would accept. read more

Macquarie Group yesterday said it agreed to pay US$428 million to buy Delaware Investments from Lincoln Financial Group in the US, an insurance and asset management company. Delaware largely manages f.. read more

The Payments System Board may be on the verge of dropping most, and perhaps all, of its regulations governing credit cards and scheme debit. read more

Banks have begun to cooperate once again on a project to develop an upgraded, direct credit payments service. read more