Banks to post big profits ahead of reforms

Sunday, May 1st, 2011

Rate rises set to deliver strong interim figures. 29 Apr 2011 7:18 PM View full post on WBC | RSS Business News Feed | Business Spectator

Small banks’ customer satisfaction lags: survey

Monday, April 25th, 2011

Allied small banks fare little better than big banks. 18 Apr 2011 9:41 AM View full post on WBC | RSS Business News Feed | Business Spectator

Our banks must ape Apple

Tuesday, April 19th, 2011

What Australian banking customers yearn for is a simplification, convergence and bundling of core financial products through one provider, much like what Apple has done with media and the internet. 19 Apr 2011 9:49 AM View full post on WBC | RSS Business News Feed | Business Spectator

KGB: Bank of Melbourne’s Scott Tanner

Saturday, April 2nd, 2011

Bank of Melbourne's chief executive anticipates a major comeback by small banks and says Victoria has been calling out for a new, local player. 2 Apr 2011 12:08 AM View full post on WBC | RSS Business News Feed | Business Spectator

Lower your banking aspirations

Sunday, March 27th, 2011

As the RBA touts a new era of slower credit growth, banks still expect returns in the high teens. How can these forecasts be reconciled? 25 Mar 2011 10:23 AM View full post on WBC | RSS Business News Feed | Business Spectator

Our banks’ savings grace

Friday, March 18th, 2011

The RBA's Guy Debelle believes household deleveraging and faster deposit growth will be ongoing trends. That's great news for banks that struggled with wholesale funding during the crisis. 16 Mar 2011 10:23 AM View full post on WBC | RSS Business News Feed | Business Spectator

Swan’s dubious credit claim

Wednesday, March 9th, 2011

It was NAB's decision to differentiate itself, not Wayne Swan's reforms, that sparked the latest round of banking competition. These so-called reforms are ad hoc, unnecessary and potentially quite damaging to banks and customers. 8 Mar 2011 1:58 PM View full post on WBC | RSS Business News Feed | Business ...

Westpac chief says rate cuts on the cards

Monday, March 7th, 2011

Westpac boss Gail Kelly says falling funding costs over the next few years may allow banks to pass on interest rate cuts independent of the Reserve Bank. View full post on ABC News: Business

NAB to cut exit fees for home loan defectors

Sunday, February 13th, 2011

The competition between the big banks has ramped up with NAB offering to pay the exit fees for people who switch their home loan from two of its rivals. View full post on ABC News: Business

Banks to seek $135bn in funds: report

Monday, February 7th, 2011

Banks shore up funding to avoid future credit crunch. 1 Feb 2011 7:26 AM View full post on WBC | RSS Business News Feed | Business Spectator