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Heritage Bank today announced plans to raise approximately $125 million via the launch of new ASX-listed debt securities, to be known as Heritage Bank retail bonds.
Banking | May 17th, 2012 | Continue reading » 
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The Commonwealth bank today posted a cash profit of $1.75 billion for the three months to 31 March 2012, as subdued credit demand and high funding costs continued to cut into its profit margins.
Banking | May 17th, 2012 | Continue reading »
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The onset of weaker property market conditions across most capital cities has made finding a home in a reasonable condition and close to a popular city centre an easier task for home buyers.
Banking | May 17th, 2012 | Continue reading »
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Australia’s finance executives are the most optimistic about economic expansion, with 69 per cent anticipating economic growth in Australia in the next 12 months, it has been found.
Banking | May 17th, 2012 | Continue reading »
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Westpac’s head of fixed income strategy, Russell Jones, continues to focus on a eurozone rescue, concerned over the high levels of public debt this entails.
Banking | May 17th, 2012 | Continue reading »
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Westpac’s head of fixed income strategy, Russell Jones, steps through the procedural complexities and ramifications of a euro exit by Greece.
Banking | May 16th, 2012 | Continue reading »
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The first quarter of 2012 saw an improvement in the number of home loan approvals nationwide, with the recent reduction in interest rates expected to further boost the sector, claims Loan Market.
Banking | May 16th, 2012 | Continue reading »
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While Australia has largely escaped the economic uncertainty hanging over Europe, the clouds over-shadowing other economies seem to be playing out in the form of ongoing consumer restraint.
Banking | May 16th, 2012 | Continue reading »
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In his latest opinion piece, Michael Derks, chief strategist at FxPro, explains why further depreciation of the renminbi must not be ruled out.
Banking | May 16th, 2012 | Continue reading »
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An Australian online betting service is offering odds of $1.25 to $1 that Greece will not only be the first country to leave the eurozone, it will happen before 2015.
Banking | May 16th, 2012 | Continue reading »