MyState and Auswide terms ‘reasonable’ 24 October 2024 7:02AM Latest news Ian Rogers MyState’s offer for Auswide Bank are reasonable, corporate advisory firm Kroll has concluded. read more
MyState, Auswide do the decent thing in dire times 20 August 2024 6:23AM Latest news Ian Rogers The union of MyState and Auswide is high conviction, high value and highly likely to work out for the best. read more
MyState and Auswide forge merger 19 August 2024 1:14AM Latest news Ian Rogers MyState Limited and Auswide Bank have reached agreement on a merger, the AFR’s Street Talk column reports. read more
Deposit mix key to banks managing rate cuts 16 April 2024 4:59AM Latest news John Kavanagh Deposits are 'key differentiators of profitability' and banks’ ability to manage their deposit mix will be important to their earnings when rates start to fall. read more
Margin pressures easing, Auswide says 27 February 2024 5:34AM Latest news John Kavanagh After a combination of a decline in its loan book and a sharp fall in its margin hit Auswide Bank’s bottom line hard in the December half, the bank is looking forward a return to growth and a more sta.. read more
Investors punish Auswide as margins tank 23 November 2023 5:54AM Latest news George Lekakis A collapse in interest margins at Auswide Bank since the start of July yesterday sent the company’s share price to its lowest level since the outbreak of the pandemic in 2020. read more
Auswide amps M&A rhetoric 24 October 2023 5:12AM Latest news Ian Rogers Auswide Bank remains on the prowl for takeover opportunities. read more
Barrett departs Auswide 28 April 2023 6:04AM Latest news Ian Rogers Martin Barrett, CEO of Auswide Bank, will retire at the end of the year. read more
Auswide take the narrow path 30 August 2022 5:49AM Latest news Ian Rogers Auswide’s stated aim is focusing on “where we make our money, and getting the right priorities there,” as well as “bringing sanity back to the deposit market”. read more
Auswide ‘reviews offers’ 25 October 2021 6:21AM Latest news Ian Rogers The board of Auswide Bank have been forthcoming on the tempo of the bank’s engagement with consolidation discussions around the smaller fry in the sector.. read more
Margin rebound at Auswide 25 February 2021 5:49AM Latest news George Lekakis Margin recovery and record loan volumes have propelled Queensland-based Auswide Bank to a higher-than-expected interim profit. read more
Briefs: Auswide customers migrating off support, Westpac warns on high NZ prices 04 November 2020 6:33AM Latest news Banking Day staff Around two-thirds of Auswide Bank’s customers reliant on “Covid-19 loan assistance” have migrated off this support. read more
Briefs: Auswide sub debt, YBR buyback, CreditorWatch appoints economist, NZ payment policy expected 08 September 2020 6:28AM Latest news Banking Day staff Auswide Bank has completed a A$12 million tier 2 subordinated debt issue, paying 395 basis points over the bank bill swap rate. read more
Auswide kicking goals 20 February 2020 4:30PM Authorised deposit-taking institutions John Kavanagh Auswide Bank has reported strong growth in its loan book and its margin in the December half, thanks in part to its rugby connections. read more
Auswide snubs with big payout 27 August 2019 3:59PM Authorised deposit-taking institutions John Kavanagh Directors of Auswide Bank were not listening to the Treasurer yesterday, when they declared a final dividend that took the bank's dividend payout ratio for 2018/9 to 85 per cent. read more
Dividend boost stokes Auswide rally 05 June 2019 3:49PM Authorised deposit-taking institutions George Lekakis Auswide Bank is stoking interest from yield-hungry investors after signalling yesterday that shareholders are in line to receive a fatter final dividend when the company announces its full year profit.. read more
AUSWIDE focuses on deposits and branding 18 February 2019 5:02PM Authorised deposit-taking institutions Ian Rogers Building the customer deposit base "and decreasing the bank's reliance on higher cost securitisation funding" are priorities for Auswide Bank after a robust December half year.The Bundaberg, Queenslan.. read more
Rising margins shield Auswide earnings from lending slowdown 20 February 2018 5:24PM Authorised deposit-taking institutions George Lekakis Margin recovery following a regulatory clampdown on investment lending has emerged as a dominant theme of the December half trading period, with ASX minnow Auswide Bank the latest lender to improve ea.. read more
Briefs: Auswide funds more mortgages, China Construction Bank taps AUD fixed income investors 09 February 2018 5:25PM Briefs Banking Day staff Auswide Bank has priced a two-year senior unsecured floating rate note, with the issue earmarked to support further growth in Auswide's housing, consumer and business loan portfolio. read more
Auswide aims for bond-funded expansion 22 December 2017 6:04PM Authorised deposit-taking institutions Bernard Kellerman Fitch Ratings has assigned Auswide Bank Ltd a long-term foreign-currency issuer default rating of BBB+ with a stable outlook, as it works to decrease its reliance on depositor funding. read more