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Archive for the Banking & Finance Category
C – for ACCC

The Australian Consumer & Competition Commission (ACCC) earns a black mark for suggesting foreign banks can compete on retail deposits in Australia.

The ACCC Public Competition Assessment in August 2008 announced its decision not to oppose the Westpac takeover of St…

Manufacturing Uncertainty

Industry gossip in Australia indicates the Rudd Labour Government has declared it wants a significant win in the financial services industry this year after a series of high profile collapses and other misdemeanours.

The consensus among the prognosticators is K-Rudd doesn’t care…

Butterfly Effect

The Australian banking and regulatory system is the envy of the Western world, some say, yet pundits argue that the big four banks are anti-competitive due to their market share levels.

The ACCC had little choice during the global crisis to…

Paper Cuts

With Britain’s national debt interest ticking over at a rate of £6,017 per second the political agenda ahead of the upcoming general election is sharpening on cost cutting.

Traditionally political parties prefer to talk about spending rather than cuts – yet…

Valuation Bombs

Putting a dollar value on the head of a broker is nigh on impossible, but the recent reporting season and proposed takeover of Challenger by National Australia Bank has disclosed some useful financials for calculations.

Using some very simple maths –…

Logical Caution

It’s a case of once burned, twice shy as investor confidence continues to slowly grow in the latest IFSA CoreData Investor Sentiment Index released this week.

Cautious optimism is logical considering the emotional and monetary scars from the recent global crisis…

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