St George Bank
News and interviews on St George Bank including trends, features, blogs and community conversations from an Australian business perspective.
St George offers $50,000 in switching costs to new business customers as banking war heats up Monday, 28 March 2011
The business banking war has intensified, with St George now announcing an offer to pay up to $50,000 to businesses in order to help pay switching costs, as it attempts to improve its lending reputation among corporate customers. ...
NAB faces class action on toxic debt while St George hit with legal claim over bonus payments
Thursday, 18 November 2010
Melbourne-based law firm Maurice Blackburn is set to launch a $450 million class action against National Australia Bank on behalf of shareholders, who claim the bank took too long to disclose the fact it holds $1.1 billion worth of collateralised debt obligations, ...
Banks go on the attack as Senate approves banking inquiry
Friday, 29 October 2010
Banking chief Mike Smith has slammed independent and Opposition senators who have succeeded in their bid to launch an inquiry into the banking sector, despite angry protests from the big four banks. ...
The 10 next social media trends
Thursday, 14 October 2010
Social media still dominates headlines as the new direction for business marketing, but it seems many businesses are resisting the call. A recent survey by Optus found that only 28% of small businesses used social media to promote their business, while 56% ...
IP Payments
Friday, 10 September 2010
Anthony Fulton Jamie Collins Mark Lewis Smart50 rank: 38 Revenue: $4,421,756 Growth: 39% Founders: Jamie Collins, 45, Mark Lewis, 34, Anthony Fulton, 40 Head Office: Victoria Employees: 16 Industry: Finance and insurance Website: www.ippayments.com.au ...
Gold Coast developer in receivership
Thursday, 25 February 2010
The pressure on the Gold Coast property sector shows no signs of abating, with receivers appointed to another high profiled project. ...
St George releases iPhone App
Tuesday, 19 January 2010
St George Bank has joined the ranks of companies on the App Store by releasing an app of its own, designed as a home loan calculator for prospective property buyers. ...
How our banks are rolling in it – and remaking themselves: Gottliebsen
Monday, 18 January 2010
Take a step back and you suddenly realise that the Australian banking sector is being transformed as dramatically as any industry in the country. ...
Car park manager Premier Parking placed in administration
Tuesday, 11 August 2009
Australia's third largest parking operator, Premier Parking, has been placed in administration by secured lender St George Bank. ...
Financial planning group Announcer placed in administration
Friday, 31 July 2009
Sydney-based financial planning firm Announcer Group has been placed in administration, but co-founder and director Andrew Rocks insists the company is in no danger of collapse and the business is trading as usual. ...
SMEs owed over $250,000 after shopping bag company Paper Poort collapses
Thursday, 09 July 2009
The Queensland Government's Office of Fair Trading says a shopping bag company accused of ripping off SME advertisers has been placed in liquidation. ...
The Generational Financial Crisis
Friday, 19 June 2009
Last night I met a genuine Generation Y person aged in her late 20s who had suddenly discovered that her ‘banker' (her parents) could no longer stand behind her. ...
Experts warn: Don’t let Gen-Y kids kill your business
Thursday, 11 June 2009
Experts have warned that business owners with needy Generation-Y children should not let their struggling companies suffer while giving cash handouts to their kids. ...
Government strengthens hardship protection for mortgagees - but not business borrowers
Monday, 27 April 2009
The Federal Government has stepped up efforts to protect mortgagees who lose their jobs or face financial hardship. But the new rules will not be extended to business borrowers, many of whom use their family property to secure loans and overdrafts. ...
Shares tumble on fears about US banks, Coles bounces back, Rudd tips recession: Economy roundup
Tuesday, 21 April 2009
The Australian sharemarket has dropped over 2% after Wall Street was dragged down by fears that the debt of US banks could be far worse than expected. ...
Gold Coast resort in receivership
Tuesday, 07 April 2009
The iconic Sheraton Mirage resort on the Gold Coast has been placed in receivership after a lengthy sales campaign failed to unearth a buyer. ...
Westpac will assist struggling SME borrowers
Monday, 06 April 2009
Westpac has announced it will extend its financial hardship plan for mortgagees to small and medium-sized business customers that are struggling in the downturn. ...
Sydney property development group put in receivership
Tuesday, 17 March 2009
The Globe Project Group, a property development company owned by Sydney developer James Vertzayias, has been placed in receivership, owing secured creditor St George Bank $43.5 million. ...
Bad debts just starting to spread through SME sector
Thursday, 19 February 2009
Westpac's market update has provided further evidence that the deteriorating economy is causing problems for a wide cross section of medium-sized and large businesses. ...
Domenic Carosa unveils new strategy
Tuesday, 02 December 2008
Entrepreneur Domenic Carosa is back in business. And he is taking a different approach after his disastrous experience with digital media and marketing firm Destra, the company he founded that is now in administration. ...
