Posts Tagged Postbank
-
Competition takes a Swan dive…
OPINION In January 2009, on the back of the worst financial crisis many had lived to experience, we asked if the industry was about to see the death of competition. The removal of St. George and BankWest as serious competitors to the major banks delivered unprecedented market share to the Big ...
-
Coulda been a contender..
Australia Post's hopes of becoming a serious contender in banking seem to be lost in the mail... BY CHARIS PALMER Any hopes the industry and consumer advocates had of seeing Australia Post emerge as a viable competitor to the major banks appears to have evaporated, with Post's submission to ...
-
Banking goes postal
Sure, Australia Post has more than 3,300 outlets, but that alone is not enough to attract and retain banking customers BY CHARIS PALMER Australia Post should focus on niche banking segments and direct channels if it is to offer a real banking alternative, say leading financial services consu...
-
Greenfield or leftfield?
Postal authorities throughout the world are frantic to leverage their distribution networks in new ways before they become redundant. How will technology help? BY CHARIS PALMER The year ahead looks set to see a number of new Greenfield banking operations launch in developed economies, with te...
-
Mortgage Choice chief would welcome “Postbank” home loans
Mortgage Choice chief executive officer Michael Russell says he would welcome Australia Post into the broking community, should Ahmed Fahour decide to pursue a mortgage distribution strategy. And, he says, “If they went with a white label product, we would sell it”. Russell was commenting ...
-
Checks in the mail
Australia Post's new MD has banking in his veins. Will he parcel up a new financial services offering for the business? BY CHARIS PALMER Speculation is mounting within the banking sector that Australia Post may ramp up its financial services offering, following the appointment of former NAB ...
