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 allow two of the big banks to …
Subtlety isn’t necessarily a good thing when it comes to bank security, often the best way to deter would-be-robbers is through clear and open displays of fire power – though even this doesn’t always work.
In Manila, banks have their own branded and comical-looking security vans that appear …
The big four bank’s mortgage footprint remains firmly on the throats of the remaining Australian lenders - continuing to asphyxiate an industry it already controls.
Don’t get us wrong, residential lending competition isn’t dead in Australia, it’s just mortgage borrowers continue to shun other lenders offering lower rates, and …
First things first, the Commonwealth Bank is certainly big enough to look after itself, but the ‘…Australians will rightly be furious…’ comments from Federal Treasurer Wayne Swan last week were perhaps a touch unwarranted.
A ten basis point increase in CBA’s variable mortgage rate to 5.74 per cent prompted the Treasurers outburst, …
The recent sabre rattling by ACCC boss Graeme Samuel at the diminishing banking competition in Australia looks set to intensify if recent rumours that National Australia Bank is poised to purchase ING Bank Australia ring true.
ING Bank, better known as the online brand ING Direct, has $34.7 …
Transact and Nucleus are the two most highly rated platforms by independent financial advisers (IFAs), according to new research released this week in the UK.
CoreData’s Wrap and Platform Research 2009 report has found that Transact is seen as the best overall large platform provider, ahead of Cofunds, …
