News Archive

2008

2007

2006

Internet Bank News

Qantas Debt Is Too High, Says Costello

Tuesday December 19, 2006
PETER COSTELLO has warned that investors like the Macquarie Bank-led consortium bidding for Qantas are taking on too much debt, increasing the risks of 1980s-style corporate collapses.

Telstra Hangs Up On $600m In Bush Net Services

Friday December 15, 2006
TELSTRA has decided against bidding for $600 million in Federal Government funding for broadband projects in rural areas, claiming it is an "unsound approach" to boosting internet services in the bush.

Banker's Warning On Debt Binge

Wednesday December 13, 2006
THE new Reserve Bank governor, Glenn Stevens, has highlighted the economic threat posed by the growth in business borrowing being fuelled by debt-laden corporate raiders.

Love You Don't - Nab Tells London Market It's Over

Tuesday December 12, 2006
IT WAS February 1964. The Beatles were top of the singles chart with the double A-sided release of I Saw Her Standing There/Love Me Do, Robert Menzies had entered the last two years of his record-breaking prime ministership and the National Australia Bank joined in the global spirit of the Swinging Sixties by listing on the London Stock Exchange.

Higher Rates Tether The Inflation Balloon

Tuesday December 5, 2006
WHEN the Reserve Bank board meets today it will be pleased to see further signs that higher interest rates are taking the heat out of the economy.

Get On Net To Manage Debt: Charities

Monday December 4, 2006
WITH less than three weeks until Christmas four charities have joined forces to urge people to seek help from the internet to avoid getting into debt.

Fighting Jihad In Cyberspace

Saturday December 2, 2006
Terrorists are using the internet for everything from propaganda to planning attacks, writes Tom Allard.