News Archive
2010
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2009
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2008
Bank News
French Rebuff Boq's Desire For A Tete-a-tete
30 June 2008
THE Bank of Queensland has been rebuffed in its attempts to discover the ultimate ambitions of the French bank that has built up a near-10 per cent stake in the Brisbane institution... read full story
Bankwest Not For Sale: Hbos
28 June 2008
THE British parent of the expanding BankWest chain is likely to resist attempts by rivals to buy the business after reports emerged that National Australia Bank was considering a multibillion-dollar offer... read full story
Call For Tax Cut On Bank Deposits
28 June 2008
A TAX cut on bank deposits would encourage people to save more and provide money for banks, allowing them to cut the high interest rates on home loans, the head of National Australia Bank's domestic business said... read full story
Reserve Is Ready If Crisis Strikes
28 June 2008
THE Reserve Bank is bolstering its defences against a meltdown in financial markets, preparing a contingency plan if a financial institution finds itself in stress... read full story
Breakfast Treats At The Blood Bank
27 June 2008
THE Wollongong Red Cross Blood Bank unveiled a new breakfast club and extended opening hours yesterday in an effort to take the inconvenience out of donating blood... read full story
Commonwealth Bank Chief Warns Of Two Years Of Credit Gloom
27 June 2008
THE fallout from the global credit crisis that has increased borrowing costs in Australia could last for another two years, the head of the country's largest bank has warned... read full story
Inflation The Key Threat
27 June 2008
The Reserve Bank and the US Federal Reserve face similar challenges... read full story
'which Bank' Hit With $11m Suit
22 June 2008
THE Commonwealth Bank is facing an $11 million lawsuit in a case that alleges bullying and harassment in the highly paid but cutthroat world of "mobile lending"... read full story
Bank Jobs In Danger
18 June 2008
WESTPAC Banking Group's proposed $18.6 billion takeover of St George Bank could reduce services in the Hunter and put regional jobs at risk, the Finance Sector Union has warned... read full story
Barrelling Oil Price To Drive Inflation Higher, Says Reserve Bank
18 June 2008
PETROL prices in capital cities could reach almost $1.90 by the end of the year, economists have warned after seeing new Reserve Bank forecasts on inflation... read full story
Banks Must Push To Ensure Babcock
15 June 2008
HERE we go again . . . the stockmarket is suddenly losing traction and a leading company has been "knocked out by hedge funds" . . . only this time it's a bank... read full story
Breaking The Bank: An Extraordinary Colonial Robbery
14 June 2008
Breaking the Bank: An Extraordinary Colonial Robbery Carol Baxter Allen & Unwin, $35.. read full story
New Bank Is Food For Thought
14 June 2008
THE Music Council of Australia has just launched a national instrument bank to buy the best quality instruments for Australia's musicians. It is an excellent idea - but is it enough? Musicians certainly need good violins. But when prices rise (and do they go any other way?), violins aren't what first comes to mind. Perhaps the vision needs broadening. We propose a national grocery bank. Not just for music workers, but for all workers and their families. We see a national treasure-house of highly ..... read full story
Petrol Good As Gold In West, Bad For Rest
14 June 2008
THE RESERVE Bank governor, Glenn Stevens, has left the door open for more interest rate rises this year, warning that the bank cannot rely on record petrol prices to slow the economy and cut inflation... read full story
Cba Determined To Be Different As It Defends Television Campaign
12 June 2008
THE Commonwealth Bank blasted critics of its American advertising agency-led campaign this week, releasing figures to show brand recall and awareness for the bank are at record levels... read full story
Instrument Bank Shows Its Pluck
12 June 2008
NIKI VASILAKIS suspects she will spend her whole life paying off her Antonio Guadagnini violin. The 136-year-old instrument is more than the 26-year-old can afford but to succeed as a professional musician she needs a quality violin. The National Instrument Bank.. read full story
Rba Likely To Join Rates Push
11 June 2008
RENEWED focus on inflation fighting by the US Federal Reserve and the European Central Bank has investors betting the Reserve Bank will increase Australia's benchmark interest rate within a year... read full story
Subprime Casualties Find No Need To Sweat The Big Stuff
7 June 2008
Remember that old saying: owe the bank a thousand dollars and you're in trouble, owe the bank a million dollars and it's in trouble... read full story
Maverick Hedger Provokes Lehman
5 June 2008
DAVID Einhorn thinks another big Wall Street bank is headed for trouble - and he is not being quiet about it... read full story
