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Industry at a Glance 22-Jul-14

22 July 2014

Australian News

 

Don't give us more rules, warns ANZ's Mike Smith
Source: Sydney Morning Herald
Date Published: 16/07/2014

ANZ Bank chief Mike Smith has warned against imposing more rules to make the banking system safer, potentially putting one of the country's biggest lenders on a collision course with the government's financial system inquiry. After inquiry chairman David 
Reforms no cap to ATM fees
Source: Sydney Morning Herald
Date Published: 19/07/2014

And eight of the country's 14 ATM operators have increased their charges, says comparator website Mozo. Under the Reserve Bank's reforms, if a withdrawal fee is to be charged, it has to be disclosed at the time of the withdrawal and the customer is asked if 


Current Issues

 

Retail card spending surges
Source: New Zealand Herald - Business
Date Published: 15/07/2014

Pre-election spending across the country is up on previous years, but some regions are opening their wallets more than others, Paymark says.N

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