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2010

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Fitch puts Westpac up a notch

2 April 2010

RATINGS agency Fitch has upgraded Westpac's long-term credit rating to AA from AA-, given the improving outlook for the Australian banking sector as bad debts fall... read full story

BoQ boss laments lingering cost of guarantee

4 March 2010

THE lingering effects of the federal government's soon-to-disappear bank funding guarantee will cost the Bank of Queensland $30 million a year in pre-tax profits and hamper its competitive position for another four years, its managing director, David Liddy, said yesterday... read full story

Telstra to repay $500m bond issue

17 February 2010

TELSTRA has opted to repay investors $500 million in the next few weeks rather than roll over a 10-year bond issue as uncertainty surrounds its long-term future... read full story

Banks' ratings stable, says S

26 November 2009

RATINGS agency Standard & Poor's has moved to calm concerns over the balance sheet strength of Australia's banks following an overhaul in the way it measures risk and capital... read full story

Suncorp warns on funds guarantee

17 October 2009

SUNCORP-METWAY has called on the Rudd Government to retain the wholesale funding guarantee into the new year, warning it is too early to cut the program as global credit markets remain fragile... read full story

NAB arm may need capital injection

29 July 2009

ANALYSTS fear National Australia Bank could be forced to tip more capital into its Clydesdale Bank in Britain after the subsidiary lost its long cherished AA- credit rating because of a souring outlook for the British banking market... read full story

Move To Lift Credit Rating Agencies From D To Aaa

15 November 2008

THIS week the crunch finally came for credit rating agencies - those indispensable yet fallible institutions pilloried worldwide for their role in the subprime crisis... read full story

Credit Rating Is Treasurer's Priority

13 October 2008

THE NSW Treasurer has warned of higher taxes and falling corporate investment if the state loses its AAA credit rating, but business chiefs said strategic spending on transport and infrastructure was more important... read full story

Credit Cards and Bad Credit

30 September 2008

Are you interested in repairing your bad credit rating after being refused a credit card or a loan? .. read full story

Credit Cards and Bad Credit

16 September 2008

Are you interested in repairing your bad credit rating after being refused a credit card or a loan?.. read full story

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