Profit lower in CUBS sector 03 July 2009 4:27PM 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
Solvency strife for one sixth of super funds 03 July 2009 4:26PM Solvency strife is rife, or was rife, in the superannuation fund sector, APRA said in the June 2009 edition of Insight. read more
DIY super skips along 03 July 2009 4:25PM 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
Industry funds overtake retail on funds inflow 03 July 2009 4:25PM Industry funds increased 14 per cent to an average of $198 billion in the year to June 2008, some somewhat dated data on the superannuation sector published by APRA in its Insight publication shows. read more
CBA tracking well on customer relations 03 July 2009 4:24PM Commonwealth Bank may be making progress in its quest to improve customer views of service quality. read more
Macquarie, Investec, Rural Bank grow fastest in deposits 01 July 2009 3:12PM There are two phases to the credit shock, one getting on for two years old (sub-prime, Bear Stearns, BNP and the mess that followed) and then the Fannie, Freddie, AIG, Lehman collapse sequence that pu.. read more
Business deposits grow strongly 01 July 2009 3:11PM 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 01 July 2009 3:10PM 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
ANZ leads deposit pack 01 July 2009 3:09PM ANZ is winning deposit business, if the monthly APRA series is presenting an accurate picture. read more
Bank exits cut loan funding 01 July 2009 3:08PM There is a pull-out of foreign banks from Australia, data for the half year to June 2009 from Loan Pricing Corp shows. read more