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| | | Non-bank companies could soon issue Visa, MasterCard and Bankcard credit cards, after a Reserve Bank of Australia (RBA) decision announced yesterday. However, the central bank said it also wants the interchange fees paid through Visa's debit card scheme ... |
| | | | Job advertisements in major metropolitan newspapers rose by 2.3%, seasonally adjusted, in January, to an average of 20,783 per week according to the latest survey by the ANZ bank. The increase was the largest recorded in eight months, the bank said ... |
| | | | Commonwealth Bank of Australia (CBA) today said it will buy back between $450 million and $550 million of its shares off-market. CBA today reported a net profit of $1.243 billion for the 2003/04 first half, double the previous first half result which ... |
| | | | The Australian dollar opened little changed after yesterday rising by more than one US cent following the release of the Reserve Bank of Australia's quarterly monetary policy statement. At 0700 AEDT the local currency was trading at $US0.7755/60 compared ... |
| | | | Inflation is expected to fall in 2004 before rising again the following year, the Reserve Bank of Australia (RBA) said today. "Inflation is likely to decline further over the coming year, and could fall as low as 1.5 per cent, before returning to around ... |
| | | | Bank of Melbourne and Challenge Bank are to undergo a name change as its parent company Westpac develops a more consistent approach to its services, and adopts a single Westpac brand throughout Australia. Westpac group executive for business and consumer ... |
| | | | The Australian economy has made a strong start to 2004 but interest rate hikes will slow economic growth later in the year, according to an ANZ Bank report. The bank said the local economy seemed to have rebounded smartly from its mid-2003 slump, with ... |
| | | | National Australia Bank Ltd today appointed John Stewart as managing director and chief executive officer, replacing Frank Cicutto. The bank said Cicutto had resigned. NAB chairman Charles Allen said today Mr Cicutto had expressed has desire to resign ... |
| | | | National Australia Bank (NAB) today said pre-tax losses from the rogue currency trades totalled $360 million, double the amount it first indicated. "The total pre-tax loss includes $185 million announced last week and an additional $175 million from ... |
| | | | The Commonwealth Bank of Australia (CBA) today launched a $500 million subordinated medium term note issue. The notes, which will have a maturity of February 10, 2014, will be callable by the issuer on February 10, 2009 or quarterly thereafter, the ... |
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