Scrap dealers left for the SPV 16 January 2009 5:34PM One issue that has not, yet, emerged to test the Australian government backed funding vehicle for car and truck dealers is the fate of those dealers that the "participating" financiers consider as not.. read more
NAB retains foreign ATM fee 16 January 2009 5:33PM So-called foreign ATM fees charged by banks may live on even as "reform" of the charging arrangements for the automatic teller machine sector kicks in from early March. read more
ANZ increases stake in Panin 14 January 2009 5:46PM ANZ may finally be setting up a serious expansion into Indonesia's banking market with the purchase of an additional eight per cent stake in PT Bank Pan Indonesia. read more
AIMS making money from mortgages 14 January 2009 5:44PM AIMS Home Loans is one niche lender earning a tidy return for its shareholders. The Sydney-based mortgage manager, which raised fresh wholesale funding shortly before debt markets turned sour in mid 2.. read more
Linfox sells more BOQ shares 13 January 2009 5:07PM Linfox, the largest shareholder in Bank of Queensland, continues to sell more of its stake in the bank. read more
Personal insolvencies dip in December quarter 12 January 2009 5:22PM The number of personal insolvencies fell for the second quarter in a row during the December 2008 quarter. read more
Banks look for more lending help from Treasury 12 January 2009 4:56PM There is fresh talk of the Australian government co-investing in syndicated loans of Australian companies through a special purpose vehicle. Banks would invest alongside the government. read more
Macquarie takes small premium for investment lending 09 January 2009 5:19PM Bendigo and Adelaide Bank agreed to pay a small premium of $52 million, and paid in short dated, converting preference shares, to buy the investment lending business of Macquarie Bank. read more
Margin lending on the skids 09 January 2009 5:19PM Margin lending looks to have fallen by rather more than the decline in the value of the Australian equities market over the course of 2008, though the crook stock market may not have scared customers.. read more
Deposits humming for banks 09 January 2009 5:18PM In explaining the agreement for Macquarie to sell its margin lending business to Bendigo and Adelaide Bank yesterday both banks took time to highlight recent deposit flows. read more