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Showing 381 - 390 of 398 results for "Big 4 banks"

Plastic debt to reach $48 billion

... into effect at the beginning of 2003 brought a tide of change for the Australian cards market. "A combination of the big banks' reactions to the reforms, foreign entry from the likes of GE and increased competition from regional and niche players kick-started ...

AXA primed for strong growth

AAP  |  TUESDAY, 23 AUG 2005
... have got the opportunity to grow faster than the market, certainly for the foreseeable future," he says. Owen says the big banks and rival AMP still had more funds under management than AXA. "We have the opportunity to close that gap," he says. The group ...

NAB becomes first big bank to post 2004 profit fall

AAP  |  WEDNESDAY, 10 NOV 2004
National Australia Bank today became the first of the Australia's big banks to report a fall in 2004 annual net profit and said the result reflected problems that had been accumulating for years. NAB, which has been battered by a $360 million rogue ...

Report calls for tougher limits on RBA board members

AAP  |  MONDAY, 16 AUG 2004
... called for mortgage brokers and providers of low-documentary loans to come under the same regulatory umbrella as the big banks, and for a new tool to measure house prices. Earlier this year, Reserve Bank governor Ian Macfarlane blocked board member Warwick ...

Market Wrap

AAP  |  TUESDAY, 30 MAR 2004
... Wall St, where investors took the opportunity to buy stocks beaten down in the previous week. Yesterday, Australia's big banks helped drag shares half a per cent lower. The benchmark S&P/ASX 200 index lost 17.5 points to 3411.0 while the all ordinaries ...

Morning Market Wrap: Dollar continues to climb

... was 10 points firmer at 3230.0 on a volume of 766 contracts by 0647 AEDT. On the local market, all eyes will be on the big banks to see whether they lift their variable interest rates following yesterday's rate hike by the Reserve Bank of Australia. ...

Afternoon market wrap: Shares gain ground

WITH AAP  |  THURSDAY, 20 NOV 2003
The big banks again propped up the Australian share market today, offsetting some profit taking to keep the bourse in the black. The benchmark S&P/ASX 200 index gained 2.7 points to 3184.1, while the all ordinaries index put on 3.6 points to 3192.7. ...

Business lending may not match home loan slump: KPMG

AAP  |  THURSDAY, 13 NOV 2003
... slowdown in mortgage growth by increasing loans to businesses, according to financial services group KPMG. Australia's big banks have pinned their hopes on an upswing in business lending to counter a slowdown in home loans, which surged 20 per cent in ...

Morning Market Wrap: Market opens low

... Australian dollar rising to a fresh six-year high. Speculation about more interest rate hikes also rattled some of the big banks. The benchmark S&P/ASX 200 index closed 29.5 points weaker at a six-week low of 3200.6 while the all ordinaries index lost ...

Cicutto reappointed as NAB chief

AAP  |  FRIDAY, 24 OCT 2003
... has reappointed chief executive Frank Cicutto for another three years, continuing recent moves by the nation's other big banks to hold onto current leadership. Mr Cicutto will stay on until October 2006 with his annual base salary fixed at $2.082 million ...