CBA working on credit card kill switch

Commonwealth Bank is eyeing a kill switch that will allow customers to disable the use of credit cards. The feature will work like a mobile [...]

POSTED ON March 31, 2011
St. George launches mobile banking ‘Lite’

St. George Bank has launched an “Australian-first app” feature “Mobile Banking Lite” letting customers “conveniently check their account balance and transaction history”. St. George Bank’s [...]

POSTED ON March 31, 2011
Myer and Harvey Norman go online

Harvey Norman will launch an online retail store within weeks, executive chairman Gerry Harvey said. The retailer has 173 stores nationally. However, it runs only [...]

POSTED ON March 30, 2011
Good loans from CBA, CUA, UBank and AMP

Navigating the mortgage maze is tough. For a variable loan, the AMP Bank home loan looks good value. It has an interest rate of 7.02 [...]

POSTED ON March 29, 2011
CBA opens high-tech branch in Brisbane

Commonwealth Bank launched a “development” branch in the Brisbane CBD yesterday. It also confirmed plans to open eight new Queensland branches this year and more [...]

POSTED ON March 24, 2011
ANZ trials mobile phone payments

ANZ Bank has begun a four-week trial of a mobile wallet service, which it believes will be the "way of the future" for making small [...]

POSTED ON March 23, 2011
Online saver accounts still above 6 per cent

Savers need to pay attention to the base rates being offered on high-yield online savings accounts and not just the intro rates. Once the intro [...]

POSTED ON March 21, 2011
Branches to remain open say Norris

Retail outlets will have a big role to play in the future, Commonwealth Bank chief executive Ralph Norris said yesterday despite a decline in the [...]

POSTED ON March 15, 2011
Netbank customers love their mobile banking

Increasing number of customers accessing their accounts and making payments on their mobiles, the Commonwealth Bank says. Fourteen per cent of log-ins to NetBank, are [...]

POSTED ON March 14, 2011
Auction clearance rates improve –slightly

Sydney’s auction clearance rate improved slightly this week to 62 per cent from 55 per cent last week. 460 residential properties were listed for auction [...]

POSTED ON March 14, 2011
ING Direct cuts fixed mortgage rate

ING Direct has slashed the interest rate on three year fixed rate home loans by 14 basis points to 7.30 per cent. ING Direct’s executive [...]

POSTED ON March 11, 2011
NAB to bump angry callers to front of queue

Having enrolled 130,000 customers for its biometric voice authentication system, which can identify callers by the sound of their voices, National Australia Bank is now [...]

POSTED ON March 11, 2011
NAB break-up campaign attracting new customers

National Australia Bank’s “breakup” marketing campaign is generating an increase in new business flows, the bank said yesterday. According to NAB, in the three-and-a-half weeks [...]

POSTED ON March 10, 2011
Tough new credit card law unveiled

The Government has released a draft consumer credit amendment bill that includes a ban on credit card over-limit fees and a ban on unsolicited credit [...]

POSTED ON March 8, 2011
UBank mortgage not for everyone

UBank's new home loan deal, priced at 6.99 per cent, has no fees involved in setting up and running the loan, but it is only [...]

POSTED ON March 7, 2011
UBank cuts mortgage rates to 6.99 per cent

Just two weeks after launching its first home loan, NAB’s online bank UBank has announced a rate cut. UHomeLoan was launched on February 20 with [...]

POSTED ON March 4, 2011
Get 6 per cent from your savings account

The highest rates available currently from online savings accounts are over six per cent. Virgin Money’s online savings account has an introductory rate has dropped [...]

POSTED ON February 25, 2011
Cheap NAB pricing not winning share … yet

National Australia Bank home loan customers have saved $150 million in interest compared to what they would have paid “if we had a Standard Variable [...]

POSTED ON February 24, 2011
Cashcard limits ATM fees to $2.50

A Choice/Australia Institute Report found this week that foreign ATM fees cost Australians $753 million per year. The Greens’ Adam Bandt says ATM fees are [...]

POSTED ON February 21, 2011
Exit fees banned from July

Treasury yesterday issued draft regulations dealing with a ban on home loan exit fees that will take effect from July 1. Treasury has invited comment [...]

POSTED ON February 16, 2011
Westpac axes upfront mortgage fee

Westpac will waive a $395 package fee on its “premier advantage” home loan - the most popular among new customers. Banking Day also reports that [...]

POSTED ON February 15, 2011