Scrap dealers left for the SPV

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

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

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

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

Margin lending on the skids

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

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