Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 461 - 470 of 482 results for "Australian Bank"

Housing market slowdown arrives "with a vengeance": Westpac

AAP  |  WEDNESDAY, 7 APR 2004
The housing market slowdown has arrived "with a vengeance", Westpac Banking Corp chief executive David Morgan said yesterday. But he said interest rates were still set to rise because of strong economic conditions in Australia and abroad. "The long-awaited ...

NAB outlines board renewal program

AAP  |  WEDNESDAY, 7 APR 2004
National Australia Bank (NAB) chairman Graham Kraehe has said that two new appointments to the bank's board would be announced within months. The appointments would be part of a process of board renewal aimed at a "major culture change" at the bank ...

Banks face challenges: Fitch

AAP  |  WEDNESDAY, 14 JAN 2004
Fitch Ratings has said Australian banks face challenges in maintaining their recently strong financial performance as home lending and consumption are likely ease towards the end of 2004. In its annual review of the Australian banks, Fitch presents ...

QIC expands fixed interest offerings

... Interest Fund have been set at 0.7 to 1.0 percentage points above benchmark. The Cash Enhanced Fund aims to beat the Australian bank bill index by 0.4 of a percentage point or more, using a combination of active duration and credit risk strategies. QIC ...

ABA announces long-term initiative to improve financial literacy

The banking industry today announced it has committed to a long-term strategic priority of helping improve Australians' financial literacy. The program called 'Broadening Financial Understanding' is aimed at helping Australians make informed judgements ...

Greater competition in small business banking market: report

AAP  |  TUESDAY, 25 NOV 2003
Competition in the small business banking market grew in the past two years, with the big four banks, non-bank and niche players all scrambling for a piece of the pie, according to a new report. The independent report by KPMG, for the Australian Bankers' ...

Labor's Latham urges banks to cut fees and charges

WITH AAP  |  THURSDAY, 13 NOV 2003
Banks should cut fees and charges as they continue to rake in massive profits, according to Labor's treasury spokesman Mark Latham. Australia's Big Four banks are raking in profits at the rate of over $1 million every hour of every day. National Australia ...

ANZ raises standard variable home loan rate by 0.25 per cent

AAP  |  FRIDAY, 7 NOV 2003
... said it will raise its standard variable home loan rate by 0.25 per cent to 6.82 per cent. It is the first major Australian bank to lift its home lending rates since the Reserve Bank of Australia increased the official cash rate by 25 basis points on ...

Morning Market Wrap: Dollar sinks below $US0.7000

... traders read the manufacturing data as a sign that the emerging economic recovery was gaining pace. A trader at an Australian bank said the domestic dollar's fall below the important support level at $US0.7020 was significant. "We could see a test of ...

ABA welcomes RBA credit card reform

The Australian Bankers' Association (ABA) today welcomed the commencement of the new interchange pricing regulation; what it termed "the effective end of the credit card reform process". "This regulation means that average interchange fees will fall ...