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(23 January 2012 – Australia)The big banks say with loans worth US$152.5 billion (A$146.7 billion) falling by 2014, companies will accelerate early refinancing after Europe's debt crisis spurred increases in borrowings and margins last quarter.
(19 January 2012 – Australia) The latest Reserve Bank of Australia (RBA) figures show that over $55 billion was on loan to small to medium businesses at variable rates of 9 percent or more.
(20 December 2011 — Australia) The new bank capital and liquidity rules being introduced globally will increase the cost of money according to former Commonwealth Bank Australia (CBA) boss Ralph Norris.
(12 December 2011 – Australia) National Australia Bank (NAB) is reminding Australian businesses to take steps to ensure they effectively manage cash flow throughout the holiday season.
Opinion. (28 November 2011 – Australia) There is hope! Yes there is a way out of this economic turmoil and uncertainty if someone is willing to take on the burden. With all the pessimists and doomsayers out there it’s hard to see a way out of this downward spiralling economy. The fact that there are analysts/commentaries coming out with self serving predictions like we have been seeing only compounds the problem further. It doesn’t take much for someone to say the economy is in bad shape when the markets are declining and all their peers are saying the same, yet there are many out there who seem to think this is the making of an analyst. With all this negativity out there it’s time for the call to be made that the economy can be resurrected and the country to do it needs to step up, and quickly.
(28 November 2011 – Australia) Outgoing Commonwealth Bank (CBA) chief executive Ralph Norris has warned that a second global financial crisis (GFC) is likely as the European debt saga enters a dangerous phase.
(17 November 2011 — Australia) ANZ was the first of the Australian banks to complete a covered bond issue, selling US$1.25 billion (A$1.23 billion) worth of five-year notes on the United States’ debt markets on Tuesday.
(28th October 2011 – Australia) Research from East & Partners’ latest Deposit Funding & Debt Index is showing that depositors are looking to lock in current rates against forecast declining levels with Term Deposit volumes now representing two thirds (67.8 percent) of total business depositor volume and 67.7 percent of retail deposits.
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