How low can interest rates go?

Tuesday June 4 will be remembered as the day the Reserve Bank of Australia (RBA) reduced interest rates to a new all-time record low. The [...]

POSTED ON June 13, 2019
ACA calls for revamp of niche lending commissions

The Australian Consumers Association has found that reverse mortgage and non-conforming lenders are paying more than triple the standard broker commissions in efforts to win [...]

POSTED ON May 28, 2007
Take advantage of the good times

There is virtually no prospect of a rise in interest rates, or a fall for that matter, before the federal election due in the last [...]

POSTED ON May 25, 2007
Wages no threat to interest rates

The latest wages figures add gloss to Australia's virtuous economic picture in 2007. Despite the lowest unemployment and highest levels of consumer confidence in decades [...]

POSTED ON May 24, 2007
Questions over carbon offset schemes

Research released by the Total Environment Centre (TEC) questions the value of people paying to have trees planted on their behalf to clean up greenhouse [...]

POSTED ON May 24, 2007
HSBC waives annual package fee for GESB members

HSBC negotiated a marketing agreement with the Government Employees Superannuation Board of Western Australia. GESB, which publicised the "alliance" yesterday, has around 280,000 members and [...]

POSTED ON May 23, 2007
Bank jobs shift to India ‘inevitable’

Westpac Chairman Ted Evans considers offshoring back-office functions to low cost centres like India to be 'inevitable'. Mr. Evans said "the big four banks and [...]

POSTED ON May 22, 2007
Future Fund looks offshore

The Federal Government's $51 billion Future Fund will be managed by an American bank that has never operated in Australia. The Future Fund has ignored [...]

POSTED ON May 22, 2007
Family First plan to woo first time buyers

Family First would allow first home-buyers tax deductions for their mortgage payments and / or access to superannuation savings for their house deposits under two [...]

POSTED ON May 16, 2007
Cost of power to soar as drought continues

Manufacturing companies fear the drought will see power prices increase by as much as 100 per cent, forcing some to dramatically restructure their workloads and [...]

POSTED ON May 15, 2007
Banks in hurry to review penalty fees

The announcement by the Australian Bankers Association (ABA) to produce better information on penalty fees appears to have been made in haste and independent of [...]

POSTED ON May 14, 2007
Tax Office takes fresh approach to rights issues

The Australian Tax Office (ATO) has issued a draft calls ruling to Hutchinson Telecommunications (Australia), advising that it will seek to assess income tax on [...]

POSTED ON May 14, 2007
Can inflation and rates be kept in check?

Another 50,000 jobs added in April and the employment market just keeps on keeping on, driving unemployment to just 4.4 per cent, a 32-year low. [...]

POSTED ON May 11, 2007
Money Facts e.magazine Issue 5 now available

The fifth issue of Infochoice's online magazine is now available - just for members. 'Money Facts' is full of our latest tips and comparisons on [...]

POSTED ON May 10, 2007
Money Facts issue 5, now available

The fifth edition of Infochoice's new online magazine has launched - just for members. 'Money Facts' is full of our latest tips and comparisons on [...]

POSTED ON May 10, 2007
RBA takes finger off rates trigger

The Howard Government will be breathing all-round sighs of relief after the Reserve Bank's latest economic assessment hinted borrowers may well be spared a rate [...]

POSTED ON May 4, 2007
Qantas offer still in doubt

Airline Partners Australia's (APA) chairman Bob Mansfield has appealed to Qantas shareholders to accept its $11.1 billion offer warning that the takeover faced certain collapse [...]

POSTED ON April 30, 2007
Borrowers can rest easy for now

Borrowers can rest easy until at least the second half of the year, quite possibly longer, knowing that interest rate rises are off the agenda. [...]

POSTED ON April 27, 2007
Money Facts Special Edition Out Now

The first special edition of Infochoice's online magazine has launched - just for members. Since there has been so much interest in investment we thought [...]

POSTED ON April 24, 2007
Credit cards on the rise

The April 2007 RBA Bulletin provides an insight into the continued love affair Australians have with credit and charge cards. At the end of February [...]

POSTED ON April 20, 2007
Rate rise becoming hard to avoid

Debate continues as to how close the Reserve Bank is to raising interest rates again. Whatever the RBA board thinks now, the release of the [...]

POSTED ON April 13, 2007
Carbon-neutral home loans

The mortgage industry is fighting climate change, with direct lender MyRate.com.au announcing a carbon-neutral home loan. MyRate has been certified "NoCO2" by the Carbon Reduction [...]

POSTED ON April 11, 2007
New low-doc loan available through brokers

Capital First is marketing a new non-conforming home loan through mortgage brokers. The new loan will target borrowers in the medium adverse range, and offer [...]

POSTED ON July 12, 2006
Rams revs up loan franchises

Rams Mortgage Corporation may be reviving its fortunes, and not through an imminent sale as the market rumour mill suggests. Rams said yesterday the group [...]

POSTED ON July 11, 2006
Rate rise chances finely balanced

Interest rates were left on hold in July by the Reserve Bank, as expected, but there remains upward pressure on interest rates that could see [...]

POSTED ON July 7, 2006
Westpac cans high yield adverts

The Australian Securities and Investments Commission said Westpac agreed to review - meaning end - advertising for the "Westpac One" savings account. ASIC said the [...]

POSTED ON July 6, 2006
Credit figures ease rate pressure

Increasing speculation of another rise in interest rates should ease partially ahead of this week's RBA board meeting after monthly credit figures for May showed [...]

POSTED ON July 3, 2006
Banks mix email messages

Do Australian banks have a rule that they do not send emails to customers, as several once did? Or do banks now swiftly notify customers [...]

POSTED ON June 28, 2006
Banks sensitive to phishing publicity

Michael Cameron, Commonwealth Bank group executive, retail banking services said the bank detected an increased level of activity around the web sites and credit card [...]

POSTED ON June 28, 2006
Aaa rating on the cards for Aussie majors

Australia's largest banks may anticipate an improvement to credit ratings from Moody's Investors Service later this year if comments in a review of Asian banks [...]

POSTED ON June 21, 2006
Money Facts e.magazine Issue 3 now available

The third issue of Infochoice's new online magazine is now available - just for members. 'Money Facts' is full of our latest tips and comparisons [...]

POSTED ON June 19, 2006
PayPal attacked by next gen phishing scam

PayPal acted swiftly to shut down an elaborate phishing scam that used PayPal's own URL and website to fool customers into handing over personal details. [...]

POSTED ON June 19, 2006
Super saving strategies may shift if tax goes

Proposed changes to superannuation laws won't come in until 2007, but some investors are already developing strategies to make the most of them. The plan [...]

POSTED ON June 19, 2006
NAB phising scam dressed up as wild rumour

A hoax e-mail that claims that the National Australia Bank is bankrupt infected 1,000 customers with malicious code in the form of a "Trojan". The [...]

POSTED ON June 19, 2006
Money Facts issue 3, now available

MONEY FACTS - June 2006 >Valuable lessons for borrowersHome loan borrowers and credit card holders should not just automatically accept interest rate rises as something [...]

POSTED ON June 16, 2006
Ratings outlook on BOQ Positive

Fitch Ratings said it revised the ratings outlook on Bank of Queensland to positive from stable. Fitch has affirmed BOQ's long-term rating at BBB. Fitch [...]

POSTED ON June 15, 2006