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Country: Australia

Deposit switching rises with volatility - a challenge for the banks

(3 December 2012 – Australia) Businesses with funds in On Call Deposits are increasingly planning to switch accounts in the...

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CBA launching multiple technology upgrades for 2013

(03 December 2012 – Australia) Commonwealth Bank of Australia (CBA) announced a number of innovations it will release in 2013,...

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Returns over 20% no longer appropriate for banks

(30 November 2012 – Australia) Aiming for returns on shareholder funds of 20 percent or higher has not been sensible...

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Importers benefiting from strong AUD plan to raise prices

(29 November 2012 – Sydney) Despite cheaper prices for offshore goods, Australian importers are anticipating solid growth in trade volumes...

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ANZ announces MoU with Switzerland’s Vontobel

(29 November 2012 – Australia) This week ANZ announced a Memorandum of Understanding (MoU) with Switzerland’s Vontobel Group to bring...

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ABA welcomes changes to Unclaimed Money Bill

(29 November 2012 – Australia) The Australian Bankers’ Association (ABA) welcomed the Federal Government’s commitment to make significant changes to...

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Challenging environment for small businesses

(28 November 2012 – Australia) The economic environment continues to remain challenging for small businesses in Australia according to ANZ...

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Acquisition of Southern Finance for Bendigo

(27 November 2012 – Australia) Bendigo and Adelaide Bank have entered into a non-binding heads of agreement to buy the...

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Smith warns on mining boom, hits out at IMF

(27 November 2012 – Australia) The International Monetary Fund (IMF) should take a better look at troubled United States and...

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Top 500 plan to slow borrowings

(26 November 2012 – Australia) Large Australian corporates have indicated significantly lower borrowing intentions over the next six months, according...

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