| Sports Betting Online |
Aussie banks lag on technology
28 April 2008 |
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| Australian consumers don't have access to many services that have been available in Asia for years due to a lack of investment in new technologies. Customers in Hong Kong can switch their mortgage between global currencies to take advantage of fluctuations or use their online bank account to trade gold, shares, currencies and mutual funds, pay tax and utility bills, buy insurance, and subscribe to initial public share offerings. In Cambodia you can buy credit for a prepaid mobile phone from an ATM, a service which is still not available in Australia. The banks say that their ATMs are capable of more complex transaction a Commonwealth Bank spokesman, Marcus Judge, said customer surveys show that reliability and accessibility is more important than additional services. ANZ chief Mike Smith, previously head of the group's Asian operations, has said that the four pillars policy had created an internal looking and somewhat parochial view but that the ANZ will be moving toward an integrated online banking model. |
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| Source : The Australian Financial Review |
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| 30 April 2008 | - Higher rates inflate inflation figure |
| | - Business outlook down but wage pressures up |
| | - Banks hit credit card rates hardest |
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| 29 April 2008 | - Westpac joins rates charge |
| | - No relief from rocketing rents |
| | - Confidence lowest since tech wreck |
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| 28 April 2008 | - Administrator says Opes traded while insolvent |
| | - Non-bank lenders seek shelter |
| | - Banks want more value from brokers |
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| 23 April 2008 | - CBA looks to follow Westpac's lead |
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| 22 April 2008 | - Norris slams dual ASX role |
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| 21 April 2008 | - Broker sends bank a message |
| | - Banks on the money hunt |
| | - Opes administrators probe Merrill mistake |
| | - ANZ to shed light on how banks are faring |
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| 18 April 2008 | - Legal action closer for ANZ |
| | - Big banks drop market share in cards |
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| 17 April 2008 | - IAG $4.00 bid too cheap |
| | - Easing economy on the rope |
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