Small lenders join Commbank and NAB in FHLDS Commonwealth bank and National Australia Bank are said to be experiencing very strong demand from potential first [...]
Westpac slashes investor home loan rates Australia’s favourite lender for landlords, Westpac, has slashed fixed interest rates from yesterday, 22 January, by up to 0.50 [...]
How much are credit card and Eftpos fees? When you pay with a credit or debit card in-store the merchant may add a card surcharge [...]
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MEDIA RELEASESunday 19 January 2019 First Home Buyers with small deposits can save more by comparing Up to ten thousand home buyers with small deposits [...]
Who is REALLY getting the better deal? Aussies love tapping their phone or their card instore or online. And Aussies hate ATM fees for withdrawing [...]
Two credit cards with 100,000 Velocity points The NAB Rewards Signature Visa credit card is promoting a 120,000 bonus VFF points giveaway - when you keep the [...]
ANZ gives $1 million to bushfire victims ANZ Bank have announced a range of support measures including a financial assistance package for communities affected by bushfires. [...]
NAB gives cash to bushfire victims and businesses National Australia Bank is spending $5 million on immediate relief to business and agriculture customers affected by [...]
Westpac pays the mortgage for bushfire victims Westpac Group (including Bank of Melbourne, St George Bank, BankSA and RAMS) has announced more support for customers [...]
MEDIA RELEASEMonday 13 January 2019 Car loans now have home loan-like rates Car loan sales are under pressure as vehicle sales in Australia feel the [...]
A bank buys Warney’s cap! Australia's all-time leading Test cricket wicket-taker and Victoria’s legendary bowler, Shane Warne, has auctioned his iconic Australian baggy green cap [...]
MEDIA RELEASEFriday 10 January 2019 Borrowers could pay up to $5K per year MORE First home buyers participating in the First Home Loan Deposit Scheme [...]
Fake tradies prey on bushfire victims The corporate watchdog, the Australian Securities and Investments Commission (ASIC) is warning consumers and business owners to watch out [...]
Is climate change impacting your property value? The number of major natural disasters in Australia has jumped up by 50% over the ten years. “The [...]
First Home Loan Deposit Scheme slammed by experts The federal government’s First Home Loan Deposit Scheme does not address the causes of high home prices [...]
*Disclaimer: Citi credit card product names have changed effective 20 Jan 2020 as following: Citi Clear Platinum is now Citi Clear; Citi Rewards Platinum is now Citi [...]
Australia’s top New Years Resolutions relate to improving health, finances, relationships, home and careers. New Years resolutions are a common tradition in Australia and other [...]
Are you living in a bushfire affected area in New South Wales, Victoria, Queensland or South Australia? Is your property currently impacted or damaged by [...]
Do you want to donate money or goods or services to help out people and families fighting bushfire in Australia? This is a page of [...]
First home loan guarantee scheme underway Eligible first home buyers can now apply for guarantees under the Australian Government’s new First Home Loan Deposit Scheme. [...]
ANZ promises 5-min credit card applications ANZ Bank offers some of Australia’s most popular credit cards including the ANZ Rewards Black Card (currently offering 150,000 bonus Rewards [...]
Banks must provide NO-FEE bank accounts The Australian Banking Association’s updated Banking Code of Practice has been approved by ASIC and will commence 1 March [...]
A new Chinese bank opening in Australia Australia’s newest digital bank, IN1Bank, is preparing to take on HSBC and the Bank of China and appeal [...]
First Home Loan Deposit Scheme lenders announced The National Housing Finance and Investment Corporation has announced that Commonwealth Bank will join NAB as the second [...]
ME is a largely online bank headquartered in Melbourne with a handful of branches in other capital cities in Australia. ME started life as Super [...]
ING DIRECT became Australia’s first ‘direct bank’ in 1999 when Dutch parent ING Group launched an Australian subsidiary, headquartered in Sydney (pictured). A direct bank [...]
Credit Union Australia (CUA) is Australia’s biggest credit union and started life way back in 1946, as the result of a merger of several smaller [...]
*Disclaimer: Citi credit card product names have changed effective 20 Jan 2020 as following: Citi Clear Platinum is now Citi Clear; Citi Rewards Platinum is now Citi [...]
HSBC Australia is a foreign owned subsidiary bank of HSBC Holdings, a British bank operating in 65 countries around the world. HSBC is the 7th [...]
St George Bank is a NSW based, wholly owned subsidiary of Westpac (since 2008) and offers a similar range of loans, cards and accounts as [...]
Banks consider credit card gambling ban The Australian Bankers Association is proposing new restrictions on the use of credit cards for gambling. The ABA set [...]
Citibank raises rates on homeloans Citibank is facing a backlash from politicians and consumer groups after raising rates on homeloans. Citi is the first bank [...]
Opal card loophole costs NSW govt millions A common Opal card legal ‘scam’ is costing the NSW government millions each year as commuters rack up [...]
MEDIA RELEASE Tuesday 3 December 2019 The Reserve Bank of Australia has left the Official Overnight Cash Rate (OCR) unchanged at 0.75 per cent. ASX [...]
Home prices surge higher in November National property prices rose strongly in November according to CoreLogic’s Home Value Index. The Index jumped up 1.7 per cent [...]
Most personal loans are over two to five years, although shorter periods are possible, especially with fast cash loans. Personal loans usually have a minimum [...]
Business lending is in the doldrums The latest Reserve Bank data shows a fall in the value of lenders’ business loan portfolios for the first [...]
Bank of Queensland (BoQ) is one of Australia’s leading regional banks. BoQ is a listed institution (ASX:BOQ) and, unlike some other state-based banks, is not [...]
Bank of Melbourne is a Westpac owned Victorian lender with a full suite of home loans, personal loans, credit cards, accounts and other banking products. [...]
History of Virgin Money in Australia Virgin Money is an Australian financial services business now owned 100 per cent by Bank of Queensland. The Virgin [...]
RBA hoses down money printing talk Australia does not yet require a radical departure from conventional monetary policy into quantitative easing (QE) or ‘money printing’ [...]
Christmas shopping scams booming in 2019 Already, before the end of November, more money has been lost online to shopping related scams in 2019 ( [...]
MEDIA RELEASE Sunday 24 November 2019 Rates Update: 100 home loans under 3.3% pa Savers can still get over 2% pa Expectations of another RBA [...]
Westpac share price crashes Westpac shares have crashed in two days of trading last week and may still fall further when markets open this week. [...]
Scott Morrison tells Westpac to clean up The prime minister Scott Morrison has told the Westpac board to consider the future of chief executive Brian [...]
NAB to pay $50M in compo to customers National Australia Bank has agreed to pay $49.5 million to settle a class action lawsuit over Consumer [...]
MEDIA RELEASE Sunday 17 November 2019 Home Loans under 3% pa and Car loans go way under 5% pa Expectations of another RBA rate cut [...]
Aussies set to trim spending this Christmas New research from St.George Bank suggests Aussie households are tightening their belts this Christmas with 43% of Aussies [...]
Almost one million Australians ditched their credit card in the 12 months to September, the Reserve Bank reported this week. 594, 289 credit card accounts [...]
Credit cards offering amazing deals to entice customers back Many Australians are cutting up their credit card and using debit cards or other ways to [...]
Banks offer help to bushfire victims Wild deadly bushfires are still out of control across much of northern NSW and Queensland. New South Wales and [...]
Sydney prices have jumped up almost 20 per cent in 3 months. The latest research from AMP Capital shows the Sydney property market has grown [...]
MEDIA RELEASE Wednesday 13 November 2019 Credit cards offer 0% on purchases to compete with Debit and Buy now, Pay later Almost one million Australians [...]
594,000 Aussies cut up their credit cards Almost one million Australians ditched their credit card in the 12 months to September, the Reserve Bank reported [...]
Judo Bank faces heavyweight fight for name A legal battle over the name Judo has erupted with business lender and term deposit provider Judo Bank [...]
There are now more than one hundred variable rate home loans for owner occupiers listed on InfoChoice with comparison rates under 3.5 per cent pa. [...]
MEDIA RELEASE Sunday 10 November 2019 Rates Update: More than 100 variable home loan rates under 3.5%*One new bank still way out in front of [...]
More than 100 variable home loans under 3.5% There are now many more than 100 variable home loan products with comparison rates under 3.5 per [...]
“First in, best dressed!” The Morrison government’s First Home Loan Deposit Scheme starts on the 1 January 2020. The government’s finance minister says the scheme [...]
Which bank gets the most complaints? Commonwealth Bank is the biggest financial institution in Australia by numbers of customers and recorded the most complaints against [...]
More Aussies are looking into a new mortgage … The number of Australians making enquiries about applying for a new mortgage has increased for the [...]
1. Commonwealth Bank raises fees Commonwealth Bank has raised fees on cheques from $1.50 to $3. Cheques cashed at a branch will also incur a [...]
MEDIA RELEASE Tuesday 5 November 2019 The Reserve Bank of Australia has left the Official Overnight Cash Rate (OCR) unchanged at 0.75 per cent. The [...]
MEDIA RELEASE Sunday 3 November 2019 More fixed and variable home loan rates fall under 3%There are options for savers who want to beat inflation [...]
Active borrowers get rewarded with bigger rate cuts Borrowers have given themselves an extra 0.05 percentage points in home loan rate cuts by comparing rates [...]
Spring is the time for buying and improving Auction clearance rates indicate most capital city and many regional markets are turning around. Investors need to [...]
*Disclaimer: Citi credit card product names have changed effective 20 Jan 2020 as following: Citi Clear Platinum is now Citi Clear; Citi Rewards Platinum is now Citi [...]
*Disclaimer: Citi credit card product names have changed effective 20 Jan 2020 as following: Citi Clear Platinum is now Citi Clear; Citi Rewards Platinum is now Citi [...]
Micro-investing apps make investing easy, you link your internet banking login details to the app, set up a savings/investment plan and watch your money grow, [...]
Neobank 86 400 opens with $10 cashback 86 400 is a neobank, a completely online bank based on a mobile phone app. 86 400 is [...]
First Home Buyer Deposit Scheme caps announced The Morrison government’s First Home Buyer Deposit Scheme will start on 1 January 2020. The scheme will guarantee [...]
Pension Loans Scheme rates under review Treasurer Josh Frydenberg has announced a review of the interest rates charged by Centrelink’s Pension Loans Scheme. The current [...]
MEDIA RELEASE 25 October 2019 NAB and Westpac announce new rate cuts for saversANZ Notice TD 7m 1.6% special offer is top big 4 term [...]
PayPal credit card coming soon Citi Australia has announced it will develop credit products for PayPal, the online payments and wallet company that claims eight [...]
Is Wisr a wise choice for a personal loan? Wisr is a new kind of online lender making some big waves in the Australian personal [...]
Do you need money fast? Are you looking for a quick personal loan online? InfoChoice has collected four of the fastest online lenders offering personal [...]
Bank branches are disappearing – fast Almost 10 per cent of bank branches have closed over the last two years. 16 per cent of ATMs [...]
In your 60-second financial news update this week, The Reserve Bank is not expected to cut rates again in November but is expected to cut [...]
Credit card issuers are under pressure to sign up new customers at the moment. And that has led to the proliferation of some amazingly generous [...]
Westpac Group raises LVRs for investor lending The Westpac Group has raised the maximum loan to valuation ratio allowed in interest-only investor home loans from [...]
Which is better – Afterpay or a credit card? Buy now, pay later or credit? Afterpay, Zip, Openpay, LatitudePay and other buy now, pay later [...]
Afterpay threatened by surcharges Shoppers using Afterpay, Zip, Openpay or other Buy Now, Pay Later schemes could be forced to pay a merchant surcharge to [...]
MEDIA RELEASE 20 October 2019 New online only banks are offering market-leading savings rates as the established banks and credit unions cut savings accounts and [...]
“This is terrible,” Commbank tells customers Commonwealth Bank says almost all missed payments resulting from a computer system outage last Thursday will be completed and [...]
Latitude Financial is a prominent lender in Australia with a long history specialising in consumer credit, personal loans and insurance. Latitude Financial has been in [...]
Pension day problems at Commonwealth Bank Commonwealth Bank services have been restored this morning after a major outage in core banking services affected Netbank, branches, [...]
Payday lenders turn $600 into $3K debt Loan sharks and payday lenders selling expensive small loans to vulnerable consumers often reliant on welfare and Centrelink [...]
Futures markets have priced in a 43% chance of another rate cut as soon as Melbourne Cup Day. No big bank has passed on, in [...]
MEDIA RELEASE 16 October 2019 All four big banks and many smaller banks and other institutions have passed on the full RBA October rate cut [...]
Which Sydney suburb has the highest rental yield? The average rental yield in the greater Sydney area is 2.8 per cent for houses and 3.7 [...]
Is the Facebook Libra Association dead? No Facebook Libra is not dead, in fact it’s very much alive. The Libra Association has elected a board [...]
ASIC takes aim at banks who rely on fine print Product disclosures contained in ‘fine print’ at the bottom of advertisements and promotions for financial [...]
Less than one year after the Royal Commission into Financial Services, the big banks and other mortgage lenders face a new government inquiry. Today the [...]
MEDIA RELEASE 10 October 2019 There are now 16 five-year fixed rate home loan products with advertised rates under 3 per cent pa listed on [...]
Is Facebook Libra falling apart? eBay, Visa, Mastercard and Stripe have joined PayPal in exiting the Facebook Libra coalition. There are now just two payments [...]
*Disclaimer: Citi credit card product names have changed effective 20 Jan 2020 as following: Citi Clear Platinum is now Citi Clear; Citi Rewards Platinum is now Citi [...]
Millions of Aussies are switching banks 2.8 million Australians switched to new banks or financial providers for their home loans, credit cards and transaction accounts in the [...]
CommBank cuts fixed rates under 3% From today, Commonwealth Bank’s advertised 2 and 3 year (OO, P&I) fixed rates in the “Wealth Package” have been [...]
MEDIA RELEASE 10 October 2019 Despite ACCC chair Rod Sims’ recent criticism of the bank practice of charging higher rates to loyal existing borrowers than [...]
Children’s savings accounts are in the news at the moment, mostly because of controversy surrounding the Commonwealth Bank’s school banking program, Dollarmites. In 2018, the [...]