Daily Dispatches: Government considers more cash for regional banks

Australian struggling securitisation market has forced the Rudd Government to extend further support to the country's cash-starved small home lenders. As the major banks continue to tighten their stranglehold on the $1 trillion mortgage market, Treasurer Wayne Swan yesterday announced the Government may provide up to $8bn of funding support to regional banks, building societies and niche lenders. (Herald Sun)

And new research shows bank customers are losing out on millions of dollars worth of interest, because they don't have enough confidence in smaller banks. That's despite them sometimes offer higher interest rates. (Sky News)

Perpetual plans to continue expanding its private wealth business by acquiring additional complementary advisory firms specialising in the high net worth market. (Investor Daily)

The 2009 annual meeting season kicks off this week - and it's expected to be the most heated in years as shareholders vent their anger over massive salaries for company boards. (News.com.au)

Banks have confirmed homeowners' worst fears: they will increase mortgage rates by more than the official Reserve Bank rises in the coming months. (Daily Telegrapgh)

Daily Dispatches will be taking a break between Wednesday and Friday this week.