Profit lower in CUBS sector

KMPG yesterday collated some data on the financial performance of credit unions and building societies, a neglected topic even though the sector, like all ADIs, is now reporting some loan and credit q.. read more

DIY super skips along

Self-managed funds grew in number and asset value over the year to June 2008, a testament to the determination of the do-it-yourself set. read more

Business deposits grow strongly

CBA at 23 per cent over two years, NAB at 30 per cent and ANZ at 33 per cent are the cluster of major banks riding the wave of growth in business deposits generated by the credit crunch. read more

NAB losing lead in business deposits

NAB and ANZ are the two banks winning more than their fair share of business deposits in the nine months since Lehman Brothers and others dragged finance asunder. read more