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bank and university of new south wales - All News and Analysis
Mac Bank and UNSW bring maths to market: Macquarie Bank and the University of New South Wales have announced a joint project to develop and apply new mathematical technologies to value complex financial products
- 2007-04-30
The project, supported by an Australian Research Council ARC Linkage Grant, aims to manage the risk associated with complex financial products by devising faster and more accurate methods for their valuation. Director of Macquarie Bank's quantitative applications division, Doug Moss, said finance sector products are becoming increasingly complex and...
Banks pin down retailer.
- 2003-05-27
May 26, 2003 (The Australian Financial Review - ABIX via COMTEX) A divorce and hostile banks almost ended entrepreneur Belinda Seper's fashion retail business. Seper's husband gained the house used as security for her original $A230,000 loan. Westpac and seven other banks refused to...
Christmas card debt slows down.
- 2003-01-31
Jan 31, 2003 (The Age - ABIX via COMTEX) Australians' household borrowing fell by a seasonally adjusted 0.1 per cent in December 2002. Reserve Bank figures show that household borrowing for personal loans and credit cards was slightly below the December 2001 figure. Westpac...
Shops shafted by bank closures.
- 2002-06-04
Jun 04, 2002 Queensland Business Review ABIX via COMTEX -- Australian small businesses feel that branch closures by the "big four" banks are making banking costly and possibly dangerous. According to Randall Swain, of the Queensland Retail Traders' & Shopkeepers' Association, the banks are...
Too many fees, says BankWest.
- 2002-04-15
Apr 15, 2002 The Daily Telegraph ABIX via COMTEX -- Australian small businesses pay a great deal of money in bank fees. Research by the University of New South Wales shows that Australian small businesses pay $A2.5bn in bank fees each year. The Bank...
Question over bank help for businesses.
- 2002-04-15
Apr 15, 2002 The Australian Financial Review ABIX via COMTEX -- The Australian Bankers' Association ABA has denied claims that banks are taking advantage of small business. It is contesting a report by the Financial Services Consumer Policy Centre at the University of New...
Great bank withdrawal grows.
- 2002-04-11
Apr 11, 2002 The Australian ABIX via COMTEX -- The average pace of closure of branch banks in Australia one per day continues unabated. University of New South Wales' financial services consumer policy centre released its "Small Business Banking Issues" paper in the week...
Giropost program to be extended.
- 2001-08-14
Aug 15, 2001 The Australian Financial Review ABIX via COMTEX -- More country Australian post offices are to offer basic banking services. The Australian Government announced on 14 August 2001 that it will extend its Rural Transaction Centre RTC program to cover an extra...
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