What’s more important…? How much of the RBA’s 50 basis point cash rate cut the banks have passed on or which bank actually has the lowest interest rates?

Tuesday, May 22nd, 2012

There has been a great deal of hype around how Australia’s banks are deviating from the historic norm of adjusting their mortgage rates in line with the Reserve Bank of Australia cash rate moves.  Two weeks ago, when the RBA slashed the cash rate by 50 basis points and the ...

Cameron Clyne’s messy breakup

Monday, April 16th, 2012

NAB decisions on when to scale back and when to boost home lending mean it is much more exposed to funding cost strain than rivals. Now Cameron Clyne is under growing pressure from NAB's big shareholders who don't like the bank's 'break up' campaign. 16 Apr 2012 8:24 AM View full ...

Banking on an IT revolution

Saturday, March 17th, 2012

The future of the major Australian banks will be determined by the computer systems they adopt and, as NAB becomes a global pioneer for Oracle's solution, the other three are watching closely. 16 Mar 2012 6:38 AM View full post on WBC | RSS Business News Feed | Business Spectator

CBA, Westpac, NAB downgraded by Fitch

Monday, February 27th, 2012

Ratings agency cuts banks by one notch on funding. 24 Feb 2012 6:18 PM View full post on WBC | RSS Business News Feed | Business Spectator

Westpac tech glitch resolution expected tonight

Monday, August 1st, 2011

ANZ, CBA and NAB customers affected. 26 Jul 2011 6:25 PM View full post on WBC | RSS Business News Feed | Business Spectator

Westpac tech glitch resolution expected tonight

Monday, August 1st, 2011

ANZ, CBA and NAB customers affected. 26 Jul 2011 6:25 PM View full post on WBC | RSS Business News Feed | Business Spectator

BREAKFAST DEALS: NAB knock

Sunday, May 22nd, 2011

NAB takes a $154 million hit in the UK, while LinkedIn impresses on its market debut. 20 May 2011 7:32 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 ...

ANZ’s international abandon

Saturday, February 19th, 2011

As local banking conditions stagnate, growth in ANZ's international operations will provide some protection against NAB's aggressive push into the Australian mortgage market. 19 Feb 2011 12:08 AM View full post on WBC | RSS Business News Feed | Business Spectator

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