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Australia & New Zealand Banking News. Service for global professionals. Constantly updated news and information about Australia & New Zealand Banking.
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Latest Australia & New Zealand Banking News

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  • Gold Hits Fresh USD, Euro & GBP Records as UK Central Bank Bets Its Pension on Inflation-Linked Bonds 24 Nov 2009 14:33 GMT
    ... wake of the [recent] announcements from central banks – – the market is catching onto a ... , published under Freedom of Information rules. The Bank's key interest rate was slashed from 5.25% ... New Generation Gold Conference in Perth that Australia – possibly the gold mining world's most ...

  • New Zealand - Farmers under pressure 24 Nov 2009 01:01 GMT
    ... A number of farms are experiencing "significant financial distress", ... in its latest Financial Stability Report. Â Banks are working with borrowers where possible, but ... Southgate said a common plea was that bankers encouraged farmers to borrow in the good ...

  • Denny's Corporation to Present at the Bank of America Merrill Lynch 2009 Credit Conference 24 Nov 2009 20:50 GMT
    ... ) today announced that the Company will be presenting at the Bank of America Merrill Lynch 2009 Credit Conference ... United States, Canada, Costa Rica, Guam, Mexico, New Zealand and Puerto Rico. For further information on ...

  • 'Welcome Home' Loan limit increased 24 Nov 2009 04:36 GMT
    ... Housing Minister Phil Heatley has announced that from today ... home buyers in higher priced areas of New Zealand will be able to borrow more under ... cent of $150,000, which is $22,500. Selected banks and credit unions issue the loan, and ...

  • PRESS DIGEST-Australian Business News - Wed Nov 25 24 Nov 2009 20:44 GMT
    ... BHP Billiton BLT.L>, reducing the number of Australians on the company?s board to three. Although ... that E*Trade, a subsidiary of Australia and New Zealand Banking Group, had displayed a pattern of non-compliance ...

  • Heat is on central banks to stimulate growth 24 Nov 2009 00:10 GMT
    ... Spain recorded GDP falls in Q3. Central banks now must decide how soon and at ... 2010. Indeed, ‘commodity economies’ ­ such as Australia and Norway ­ have started raising rates ... benefits automaticall y swell budget deficits. Huge banking bailout packages will further inflate borrowing. The ...

  • Comment: Heat is on central banks to stimulate growth 24 Nov 2009 06:15 GMT
    ... Spain recorded GDP falls in Q3. Central banks now must decide how soon and at ... 2010. Indeed, ‘commodity economies’ ­ such as Australia and Norway ­ have started raising rates ... benefits automaticall y swell budget deficits. Huge banking bailout packages will further inflate borrowing. The ...

  • Australia economic upswing to last years - RBA 24 Nov 2009 22:54 GMT
    ... SYDNEY, Nov 25 (Reuters) - Australia's economy had entered a new growth phase ... rising household incomes, a top Australian central banker said on Wednesday. In a resoundingly upbeat ... mortgage credit in Australia, saying lending by banks was relatively high and more than enough ...

  • In Australia, Curbs on Credit Card Fees Backfired 24 Nov 2009 21:11 GMT
    ... of changes in credit card rules in Australia that were aimed, in part, at reducing ... if regulators limit one fee or rate, banks are likely to find another way to keep ... of complaints from retailers , the nation's central bank required that the main component of the ...

  • U.S. Looks to Australia on Curbing Credit Card Fees 24 Nov 2009 22:52 GMT
    ... debit card companies in the United States, Australia's experience is being pointed to as an ... if regulators limit one fee or rate, banks are likely to find another way to keep ... of complaints from retailers , the nation's central bank required that the main component of the ...

  • Banks weigh on world markets after China warning 24 Nov 2009 11:30 GMT
    ... Banks weigh on world markets after Chinese central ... in the months ahead. In Britain, Lloyds Banking Group PLC shares rose even though it ... Kospi dropped 0.8 percent to 1,606.42 and Australia's S&P/ASX 200 index declined 0.7 percent to ...

  • Nikkei slips 0.8 pct as banks, exporters drag 24 Nov 2009 06:04 GMT
    ... slipped 0.8 percent on Tuesday as a banking shares were sold on persistent worries that ... could not revive it, putting pressure on the Bank of Japan to respond to deflation. Exporters ... Japan S.Korea S.E. Asia Hong Kong Taiwan Australia/NZ India China OTHER MARKETS: Wall Street Gold ...

  • Asia markets lower amid China warning to banks 24 Nov 2009 06:48 GMT
    ... Asia markets lower amid China warning to banks Asian stock markets were mostly lower Tuesday despite ... 10 percent in October. News that China's central bank was warning banks to control a lending ... Kospi dropped 0.9 percent to 1,604.66 and Australia's S&P/ASX 200 index declined 0.5 percent to ...

  • Asia markets lower amid China warning to banks 24 Nov 2009 09:19 GMT
    ... markets retreated Tuesday as China's warning to banks to control their lavish lending underlined the risks ... 10 percent in October. News that China's central bank was warning banks to control a lending ... Kospi dropped 0.8 percent to 1,606.42 and Australia's S&P/ASX 200 index declined 0.7 percent to ...

  • Banks weigh on world markets after China warning 24 Nov 2009 11:30 GMT
    ... after the country's central bank warned commercial banks to control their lending. European shares tracked ... in the months ahead. In Britain, Lloyds Banking Group PLC shares rose even though it ... Kospi dropped 0.8 percent to 1,606.42 and Australia's S&P/ASX 200 index declined 0.7 percent to ...


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