PayPal wants to get off the Net

PayPal is working on - or at least thinking about - its opportunity to become a payment option at physical points of sale, alongside the [...]

POSTED ON June 14, 2011
Senate set to reject Swan’s exit fee ban

The last-minute effort by sections of the mortgage finance sector to overturn regulations banning exit fees from July may be on the verge of achieving [...]

POSTED ON June 14, 2011
Debts eat up 45% of our income

Aussie home owners are among the most indebted in the world, but most had no trouble meeting monthly repayments on their mortgage in the last [...]

POSTED ON June 10, 2011
Limits on credit card surcharges proposed

The Reserve Bank’s Payments System Board may allow Visa and MasterCard to introduce rules that oblige merchants to limit the level of surcharges applied to [...]

POSTED ON June 9, 2011
NAB growing home loan market share

NAB continues to grow its market share in home loans. NAB’s rate of growth for April 2011, over March, was 1.2 per cent, a rate [...]

POSTED ON June 2, 2011
UBank clarifies loyalty loan rate discount

National Australia Bank has clarified the revised pricing on the home loan product offered through its UBank brand. The variable rate on the UHomeLoan is [...]

POSTED ON May 24, 2011
NAB opens fire again in mortgage war

National Australia Bank will open a new front in the bank pricing war, with plans to use its internet banking business UBank to sell deeply [...]

POSTED ON May 23, 2011
Westpac unveils a June mortgage discount

Westpac announced that it will subsidise the standard lenders mortgage insurance premiums for certain customers, effectively reducing the cost of LMI premiums for those borrowers [...]

POSTED ON May 20, 2011
Do you know what your credit file says?

Three quarters of Australians are unsure what a personal credit file is despite the fundamental role they play every time a person applies for a [...]

POSTED ON May 6, 2011
Westpac explains down time

A breakdown in the air-conditioning unit at Westpac’s primary data centre in Sydney yesterday led to the loss of key banking services for part or [...]

POSTED ON May 6, 2011
Westpac’s EFTPOS & ATM problems impact trains

Westpac and St. George customers are reporting widespread difficulty accessing online banking, ATM and EFTPOS services this morning. The problems are also impacting on train [...]

POSTED ON May 5, 2011
ANZ still most popular big bank with customers

Commonwealth Bank continues its fall from grace with customers - the latest Roy Morgan consumer banking customer satisfaction report, released yesterday, shows an 80 basis [...]

POSTED ON May 3, 2011
Virgin card giving away 20,000 points

Apply for a new Virgin Flyer Credit Card before 31 May and spend $5,000 or more on your new card within the first 3 months [...]

POSTED ON April 29, 2011
Big banks expected to smash all profit records

Australia’s big four banks are expected to report half year profits of almost $12 billion - smashing previous profit records. ANZ, NAB and Westpac are [...]

POSTED ON April 27, 2011
Westpac and CBA target NAB business customers

The latest APRA lending figures show that the long-awaited rebound in business credit has started. NAB is Australia’s leading business bank with market share in [...]

POSTED ON April 20, 2011
Queensland property bubble deflating fast

Apartment prices in Noosa Heads have fallen by 21 percent in three years to $570,000, according to the Real Estate Institute of Queensland. Sales have [...]

POSTED ON April 20, 2011
ING to waive fees on high LVR loans

ING DIRECT will waive the reduced equity fee (REF) on loans with an LVR of up to 85 per cent. “We’ve launched this promotion to [...]

POSTED ON April 20, 2011
Commbank customers charged with theft

The Commonwealth Bank is referring about 100 of its customers to police for criminal prosecution as a result of the recent ATM glitch that allowed [...]

POSTED ON April 18, 2011
CommSec offers 5.5 per cent cash rate

The country's biggest online broker has a two-tiered pricing structure, depending on whether you are an internet-preferred or a standard customer. Internet-preferred customers have a [...]

POSTED ON April 15, 2011
E*Trade offers international share trading

In November, E*Trade dropped its brokerage rate from $32.95 to $19.95 per trade. E*Trade has focused its development on tax reporting and international trading services. [...]

POSTED ON April 15, 2011
Westpac investor account has high rate

Last month, Westpac introduced a brokerage rate $19.95 for customers who open a Westpac Cash Investment Account. The Westpac Cash Investment Account is paying a [...]

POSTED ON April 15, 2011