Australian Banking & Finance articles from May 2008

Australian Banking & Finance archives from May 2008

IT overhaul at CommBank: news of Commonwealth Bank of Australia spending $580 million to modernise its existing legacy systems draws support amongst analysts, confirms experts' views.(NEWS)
May 15, 2008... [ILLUSTRATION OMITTED] Commonwealth Bank of Australia will spend $580 million over the next four years to modernise its existing legacy systems, with the bank's chief information officer Michael Harte saying the move will "place us well...

Challenges need to be overcome to move forward: lenders: Victoria's Treasurer outlines where his State is headed and the key challenges, including the sub-prime fallout, he hopes to tackle head-on.(NEWS)
May 15, 2008... [ILLUSTRATION OMITTED] Speaking at a recent executive roundtable luncheon in Melbourne--hosted by Australian Banking & Finance Magazine and sponsored by Optus--Victoria's 50th Treasurer John Lenders said the State was "well positioned" as...

Competitors come together to fight fraud: card companies, industry bodies and law enforcement agencies within Australia and around the world are working together 24 hours, seven days a week to help fight fraud.(SPECIAL REPORT--INFORMATION SECURITY)
May 15, 2008... [ILLUSTRATION OMITTED] "There are just so many different ways that fraud can happen," Joseph Vukasovic, director Security and Risk Management, MasterCard Worldwide, told Australian Banking & Finance Magazine. "What the industry does...

New website for mortgage and finance recruitment.(NEWS)(Finance Brokers Association of Australia has joined up with Brooklyn Group)
May 15, 2008... The Finance Brokers Association of Australia (FBAA) has joined up with leading recruitment provider, The Brooklyn Group, to develop FinanceStaff.com.au, a web-based recruitment solution dedicated to the Australian mortgage and finance sector....

Melbourne roundtable.(EVENT--MELBOURNE ROUNDTABLE PICTORIAL)(Discussion)
May 15, 2008... Senior executives from Melbourne's finance and business community gathered together to hear a presentation from Victoria's Treasurer, John Lenders, at an executive roundtable luncheon that was hosted by Australian Banking & Finance Magazine and...

Dear banking friends.(fashion lifestyle + entertainment)
May 15, 2008... Dear Banking Friends, Food is a glorious way to connect people and I enjoy the whole dining experience. Recently I decided to refresh my relationship with food, tackle the comfort eating habits and find a new realistic approach for a...

Fitness tools.(fashion lifestyle + entertainment)(Soehnle has introduced electronic body analysis machine )(Brief article)
May 15, 2008... If you're on the verge of throwing out the scales because the eyes and toes (if visible) don't lock then you may want to be weighed by the best and opt for an upgrade. German makers of fine scales, Soehnle, (pronounced sern-lee) have released...

Shaken and stirred James Bond style.(fashion lifestyle + entertainment)(Trivett has introduced Aston Martin DBS model )(Brief article)
May 15, 2008... The flagship Aston Martin DBS model has landed down under with a seductive blend of refinement and raw power, provided by the hand-built V12 producing 380kW a top speed of 302km/H and a 0-100km/h time of 4.3 seconds. CEO Dr Ulrich Bez said: "It...

World's first hair raising experience.(fashion lifestyle + entertainment)(Braun has created Series 7 shaver)(Brief article)
May 15, 2008... [ILLUSTRATION OMITTED] Guys, the chore of shaving has gone for good. Braun has created sonic technology with the Series 7 shaver to raise, capture and releases even the most stubborn and hidden facial hair with a scissor like Cross-Cutting...

Luxe shopping for men under one roof.(fashion lifestyle + entertainment)(Brief article)
May 15, 2008... At the best of times men prefer a one-stop-shop when it comes to updating their wardrobe. Most don't like to spend hours browsing as we women do--it's a genetic fact, they hunt and we gather! The new three-level emporium Style Council at 22...

A design for life.(fashion lifestyle + entertainment)(Brief article)
May 15, 2008... The State of Design Festival is set for July 16-24 in Victoria to address and explore the changing needs and value of design in business and society. Recognised as the peak event along with the Premier's Design Awards (PDA) under the Artistic...

Viva Las Vegas.(fashion lifestyle + entertainment)(Stefano Canturi)(Brief article)
May 15, 2008... Did you know that Vegas is visible from space via Satellite as the brightest city on earth? The capital of bling has welcomed one of our own, the King of Jewels Aussie Stefano Canturi, who has beaconed his way into a billion dollar gaming and...

Restaurant fans can nominate their favourite place for the inaugral FLE National Restaurant Awards to be held on August 31.(fashion lifestyle + entertainment)
May 15, 2008... [ILLUSTRATION OMITTED] Caption: Restaurant fans can nominate their favourite place for the inaugral FLE National Restaurant Awards to be held on August 31. Show your support by voting online at www.charlton.com.au/fle until July 31.

Behind the screens.(NEWS)(Media coverage)(Brief article)
May 15, 2008... How things change. John McFarlane, ANZ chief executive until last year, rode high in the Melbourne scene for some time. Now, with the saga of Steve Targett plus the Opes Prime debacle, he is seen differently, particularly by members of his old...

Bank of Queensland to focus on quality and growth.(NEWS)
May 15, 2008... Bank of Queensland has undertaken to drive shareholder value "despite the difficult economic climate". "We continue to grow well above system in both lending and deposits, without sacrificing asset quality," BOQ managing director David...