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News (41)

• CBA tips $150m into core banking

  Commonwealth Bank of Australia has topped up its core banking war chest with a further $150 million aimed at bulking up analytical, risk and financial management systems, as well as extending its new platform to subsidiaries.

• IT staff go in Bankwest chop

  Commonwealth Bank of Australia subsidiary Bankwest today confirmed it would cut at least "a handful" of IT staff as part of a wider cull that has also seen the bank refrain from hiring an additional 50 IT contractors over the past few months.

• Australia's banks get IT transfusion

  National Australia Bank took the knife to its long-time chief information officer Michelle Tredenick this week, but was this a reflection of her perceived incompetence or simply a consequence of the manoeuvring at higher levels that seems endemic in Australia's incestuous banking IT community?

• CommBank slashes IT spend again

  Commonwealth Bank of Australia today revealed its technology costs had continued to fall, down $30 million from the previous half-year to $380 million.

• CBA CIO: IT skills still a challenge

  CommBank chief information officer Michael Harte claims that finding skilled staff for the bank's core banking system upgrade is a difficult task despite the recent spate of ICT redundancies.

Blogs (2)

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  Kevin Rudd is a cyber agent of KAOS

  This week the Australian online banking system was tested by an agent of KAOS Kevin Rudd and his $10 billion dollar fiscal package that, as Agent 86 would say, "missed it by that much" on knocking out the banking system.

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  Talking outsourcing

  If there's one jurisdiction that can claim to have learned from harsh experience in outsourcing, it's South Australia. Here's hoping others are paying close attention to how it applies those lessons.

Features and Case Studies (6)

• Changing of the guard: Commonwealth Bank

  Get an insider's look at Commonwealth Bank of Australia's technology operation with chief information officer Michael Harte in the first of our Changing of the guards series examining generational change in the nation's big four banks.

• Jus' got the banking IT blues

  Will Suncorp chief information officer Jeff Smith stick around if the bank's rapid decline in value due to the credit crisis leads to a fire sale of several of its key divisions?

• CommBank: Tech chief recounts Murray era

  The bank's IT head tells of his challenges with ex- CEO and technology opponent, David Murray.

• Will there be a Beagle 3?

  LogicaCMG's head of business development, Space and Defence division, discusses Beagle 2 and the European rival to GPS.

• Spam: An IT department battle?

  The New Year has seen inboxes continue to overflow with spam. Users may be getting irate, but how are Australia's IT managers coping with the influx?

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