Westpac CEO tipped to head ABA
Sources have picked Gail Kelly to take over as ABA chair ahead of a formal announcement later today.
No more major mergers: Norris
Having benefited greatly from a merger during the financial crisis, Commonwealth Bank CEO Ralph Norris has declared that the era of major acquisitions for the Big Four is now over
Banks will stick to RBA rate rises: Norris
The CEO of the Commonwealth Bank, Ralph Norris, has indicated that the banks will not make a grab for extra margin as official rates begin to rise, The Daily Telegraph reported today.
Confusion reigns over fate of boosted FHOG
Yesterday the prime minister indicated the boosted first home owners grant would not be extended beyond the 30 June. Today, reports in the Daily Telegraph and Herald Sun suggested it would be extended when the Budget is announced on 12 May.