Top business credit cards in Australia

The best credit cards for business provide a good value proposition with reasonable rates and fees. The best cards for business also have features like [...]

POSTED ON January 16, 2020
Four great Unsecured Small Business Loans

When you’re looking for finance for business purposes, there’s a few factors to consider. You need to minimise the costs of the finance while maximising [...]

POSTED ON August 20, 2019
Fast Loans for Small Business

With many business loans, you might find that the turnaround time for your application can be anything from a few days to a few weeks. [...]

POSTED ON August 5, 2019
ATM Fees Get The Axe From Four Big Banks

Australian’s biggest banks have decided to axe ATM’s fees for customers of other banks. Commonwealth Bank (CBA) announced on Sunday that they were axing ATM [...]

POSTED ON September 25, 2017
How to get funding for doing what you love

For most families, foregoing your full-time employment to follow your dreams isn't an option. You've got kids to feed, clothe and entertain, not to mention [...]

POSTED ON June 8, 2017
NAB has lowest rates for farm loans

National Australia Bank (NAB) has the most attractive base lending rate for agribusiness. Just five financial institutions in the agribusiness loan market have dropped their [...]

POSTED ON November 28, 2011
Banks to add more to RBA rate rises

Borrowers are likely to be slugged by more rate rises from RBA and more margin expanding rate rises from the big banks as well. The [...]

POSTED ON November 2, 2009
Switch your lender & save $3,800

Over the last 14 months of the GFC, many people moved their money and their business to a big four bank. Many people could simply [...]

POSTED ON November 2, 2009
Four steps to switching banks

Switching bank accounts to a new bank is easier than it has been in the past, but can still be a complex process. ASIC and [...]

POSTED ON November 2, 2009
Fee changes to all transaction accounts

Almost all banks, credit unions and building societies have announced changes to the fees they charge their credit card, loan and account customers. Now may [...]

POSTED ON November 2, 2009
Banks trying to connect with customers

ANZ, Westpac and NAB have launched new marketing programs recently all trying to reconnect with their customers and communities. ANZ have re-fashioned their signage with [...]

POSTED ON November 2, 2009
Aussies are stashing their cash

The first national study by Westpac into the social effects of the global financial crisis shows more than 32% of Australians are cocooning in the [...]

POSTED ON November 2, 2009
Savers want good rates and no fees

Bank customers are fed up with fees on savings accounts and want to be rewarded with higher rates for saving regularly, according to a new [...]

POSTED ON October 2, 2009
ME’s Online Savings Account ahead of the pack

ME Bank’s Online Savings Account has won the Australian Financial Review Smart Investor Blue Ribbon Awards 2009, Overall Savings Account Category. Savings products from over [...]

POSTED ON October 1, 2009
Be prepared for higher rates says RBA

Homebuyers have to be prepared for higher interest rates says the governor of the Reserve bank, Glenn Stevens. Stevens told a parliamentary hearing that rate [...]

POSTED ON August 17, 2009
No more big rate cuts

The Reserve Bank governor has signalled that the central bank may wait and see the impact of recent rate cuts before making any new big [...]

POSTED ON February 24, 2009
ANZ wants to lend more to small business

ANZ has announced it will increase lending to small and medium businesses by $8 billion, equal to the total amount of new lending to SME's [...]

POSTED ON February 24, 2009
Half per cent rate cut for March

Market expectations of a 0.5 per cent rate cut firmed yesterday to a 100 per cent certainty after the release of the Reserve bank Board [...]

POSTED ON February 18, 2009
Commercial borrowers pay more, wait longer

Commercial borrowers are unlikely to get relief from falling interest rates any time soon, a finance company director said yesterday. Paul McCarthy, a director of [...]

POSTED ON February 11, 2009
BankWest & St George customers unhappy

Almost one quarter of all BankWest customers and St George customers report that they are less satisfied with their bank since it has been taken [...]

POSTED ON February 5, 2009
Westpac commits to 100 basis point cut

Following today's RBA announcement to shed 100 basis points off the cash rate, to 3.25 per cent, Westpac has jumped the wagon and become the [...]

POSTED ON February 3, 2009
Rates down to 2 per cent by June

Investors trading on the Sydney Futures Exchange yesterday estimated the chances of a 1.0 per cent rate cut next week by the Reserve Bank at [...]

POSTED ON January 30, 2009
Consumers to pocket more savings

With many economists tipping a rate cut of at least 0.75 percentage points in next Tuesday's Reserve Bank's Board Meeting, borrowers with a $400,000 mortgage [...]

POSTED ON January 29, 2009
Rates to plunge to two per cent

The Reserve Bank will cut official interest rates to 2.5 per cent or below next year say some economists because unemployment is expected to almost [...]

POSTED ON December 31, 2008
Rates to fall to three per cent

National Australia Bank is now predicting interest rates will fall further than previously expected early next year. Markets are pricing in rate cuts of 1.5 [...]

POSTED ON December 17, 2008
Big rate cuts due this week

The Reserve Bank is expected to cut interest rates by at least 0.75 per cent tomorrow as expectations rise of zero or even negative economic [...]

POSTED ON December 1, 2008
NAB’s debt collector accused of bad behaviour

National Australia Bank is being accused of outsourcing debts belonging to people in financial hardship to a "notorious" debt collection agency. Victoria's Consumer Action Law [...]

POSTED ON October 17, 2008
Rates to fall to five per cent by Christmas

Financial markets expect the Reserve Bank to continue its aggressive interest rate cutting program and cut rates to five per cent before the end of [...]

POSTED ON October 13, 2008
Business still getting credit

Business credit is not being restricted by banks says a survey of entrepreneurs by Smart Company. The research revealed that just under 44 per cent [...]

POSTED ON October 8, 2008
Banks promise to make up rate cuts

The big banks have all promised to make up the difference in Reserve Bank rate cuts and the lesser cuts they have passed on to [...]

POSTED ON October 8, 2008
No rate relief on credit cards or loans

As of this morning the only category of borrowers to receive news of any cut in their variable interest rates was home loan customers. With [...]

POSTED ON October 8, 2008
Rates to fall to five per cent

The Reserve Bank governor Glenn Stevens said he was not establishing a pattern for future rate cuts with the unexpected move yesterday to slash the [...]

POSTED ON October 8, 2008
Banks need to be told to cut rates

Banks need to called in by the prime minister for a fireside chat and told to cut interest rates says the federal opposition. Former treasurer [...]

POSTED ON October 3, 2008
Banks say no to big rate cuts

ANZ's chief of Australian operations Brian Hartzer says the bank will seek to pass on as much as it can in any interest rate cuts [...]

POSTED ON October 3, 2008
Banks won’t pass on rate cuts

Banks and other lenders will not commit to pass on any cuts to official interest rates by the Reserve Bank of Australia. The RBA board [...]

POSTED ON October 2, 2008
Rates to fall 0.5 per cent next week

Futures markets have fully priced in a rate cut by the Reserve Bank board when it meets next Tuesday morning. Markets believe that the RBA [...]

POSTED ON October 1, 2008
Banks shun well run small businesses

Profitable and well run small and medium sized businesses are having their loan and credit applications rejected by banks who have tightened their lending criteria [...]

POSTED ON September 22, 2008
Business pays more for credit

Businesses are paying more than they were last year to borrow funds, but margins over market benchmarks are not all that much wider than they [...]

POSTED ON September 19, 2008
No rate relief on cards or business loans

Savings & Loans, Australia's second largest credit union, has been one of the few organisations to cut borrowing on non-mortgage products. Rate relief appears generally [...]

POSTED ON September 10, 2008
Banks to hold on to rate rises

Banks will not readily reduce back the additional rate rises they have added on to official rate rises this year says the Reserve Bank governor [...]

POSTED ON September 9, 2008
Commonwealth loses business customers

Commonwealth Bank share of business lending fell during the 2007/08 financial year - from 12.4 to 12.2 per cent if you follow the APRA figures; [...]

POSTED ON August 14, 2008
Banks have no excuses for not cutting rates

Interest rates on 90-day bank bills have fallen by half a percentage point over the past three weeks leaving banks no with no excuses for [...]

POSTED ON August 14, 2008
Banks may not pass on rate cuts

New mortgage sales fell in the first half of 2008 by 25 per cent according to the Australian Bureau of Statistics. CommSec said the figures [...]

POSTED ON August 7, 2008
Profiteering banks resist competition

The Commonwealth Treasury has suggested that Australian banks are profiteering from customers. In a submission to a parliamentary committee looking at the issue of competition [...]

POSTED ON July 25, 2008
Comparison rate under fire

Lenders will no longer be required to provide comparison rate schedules to borrowers, in a proposed change to consumer credit rules that follows the publication [...]

POSTED ON June 18, 2008
Inflation up, spending down

Indicators show that inflation is rising at its fastest rate in five years but economists say there is almost no chance of the Reserve Bank [...]

POSTED ON June 3, 2008
Big business goes back to banks

Large companies have responded to the lack of liquidity in the bond market by increasingly using bank loans to fund their activities according to research [...]

POSTED ON May 22, 2008
Reserve ponders more rate rises

Further interest rate rises are on the cards as minutes from the Reserve Bank's last board meeting reveals that it remains concerned that it has [...]

POSTED ON May 21, 2008
Banks grab $10.5 billion in fees

Banks earned $10.5 billion in fees during the year to June 2007, an increase of 8 per cent from the previous year. The Australian Bankers [...]

POSTED ON May 16, 2008
Hurdles increased for loan approval

Lenders are moving to tighten their loan approval criteria in response to deteriorating economic conditions. Adelaide Bank has decreased the maximum loan-to-value ratio that it [...]

POSTED ON May 6, 2008
High rates halt credit growth

Consumers and businesses are cutting their use of credit as a succession of rate rises start to bite. Figures released by the Reserve Bank of [...]

POSTED ON May 1, 2008
Banks hit credit card rates hardest

Research by InfoChoice shows that banks have increased their standard variable mortgage rates by around 1.4 per cent since the credit crunch began in late [...]

POSTED ON April 30, 2008
Higher rates inflate inflation figure

Analysts are calling on the Reserve Bank to take the effect of higher interest rates into account when considering how to respond to an inflation [...]

POSTED ON April 30, 2008
Aussie banks lag on technology

Australian consumers don't have access to many services that have been available in Asia for years due to a lack of investment in new technologies. [...]

POSTED ON April 28, 2008
Credit disclosure laws revisited

On Wednesday the Productivity Commission will deliver a report to the federal government which will include proposals for a federal takeover of some consumer protection [...]

POSTED ON April 28, 2008
Consumer confidence takes a bite

Higher interest rates and rising fuel and food costs are putting a significant amount of pressure on consumer spending, suggesting that the work of the [...]

POSTED ON April 10, 2008
RBA keeps interest rates unchanged

In good news for home loan borrowers, the Board of the Reserve Bank of Australia decided to leave the cash rate unchanged at 7.25% at [...]

POSTED ON April 1, 2008
Growth rate worries RBA

Australia's population grew by 318,500 in the year to September, our fastest growth rate since late in 1989. Much of the growth came from the [...]

POSTED ON March 20, 2008
Reserve happy with rates for now

Minutes from the Reserve Bank's March meeting suggest that borrowers are likely to be spared another rate rise when the board next meets on 1 [...]

POSTED ON March 19, 2008
Non-bank lenders squeezed by rates

Non-bank lenders are being hit with a double whammy at the moment with wholesale lenders imposing hefty rate increases and funding costs soaring in wholesale [...]

POSTED ON March 18, 2008
Inflation worries Reserve

The Reserve Bank remains concerned about the rate of inflation with governor Glenn Stevens saying that the headline rate is likely to reach 4 per [...]

POSTED ON March 17, 2008
Banks may have to lend less

Banks are starting to reduce their lending activities and the Reserve Bank believes the tightening could get worse. Assistant governor Guy Debelle told a conference [...]

POSTED ON March 6, 2008
Adelaide Bank hikes wholesale rates

Adelaide Bank is the first lender to lift interest rates by more than the Reserve Bank's increase in the official cash rate. With the high [...]

POSTED ON March 6, 2008
Banks tipped to deliver double pain

The 90 day bank bill swap rate has stabilised, indicating that we may be at the end of the cycle of rate rises, but banks [...]

POSTED ON March 5, 2008
Non-bank lenders adjust loan books

As capital keeps getting harder to raise, non-bank lenders are having to cut the amount of loans they write or even stop taking on new [...]

POSTED ON March 3, 2008
Swan stands by economic strategy

Treasurer Wayne Swan has said that the economy will continue to grow strongly despite concerns that government spending cuts and rising interest rates could tip [...]

POSTED ON March 3, 2008
Bank interest rates set to rise again

Banks once again find themselves under increasing pressure to lift their interest rates outside of adjustments in the official cash rate by the Reserve Bank. [...]

POSTED ON February 29, 2008
BankWest heads east, wins customers

HBOS Australia has reported a 15 per cent increase in profit before tax to $757 million and says that it will open 40 new BankWest [...]

POSTED ON February 29, 2008
Investors cannot ignore improved rents

The second half of 2007 has seen a surge in interest from investors in the property market the managing director of LJ Hooker, Warren McCarthy, [...]

POSTED ON February 28, 2008
Markets take a punt on Aussie dollar

Markets have pushed the Australian dollar to US91.93 cents, betting that the Reserve Bank will increase rates again at its next meeting. The dollar was [...]

POSTED ON February 22, 2008
Pressure builds on mortgage rates

Borrowers could face further rate increases outside of any official rates rises with key funding costs continuing to rise. The three month bank bill swap [...]

POSTED ON February 21, 2008
Revealed: RBA considers 0.50% rate rise

Minutes from the last meeting of the Reserve Bank reveal that it considered increasing interest rates by half a percentage point. The pros and cons [...]

POSTED ON February 20, 2008
Business rates up more than home loans

Rates on business loans have increased faster than for home loans according to a review conducted by the Reserve Bank. From July 2007 to January [...]

POSTED ON February 13, 2008
Inflation and wage spiral worries RBA

The Reserve Bank has warned that it is ready to increase rates again as early as next month as it battles to control inflation and [...]

POSTED ON February 12, 2008
Bad time to sell businesses

There are 25 per cent more businesses for sale now than there were last quarter, and 46 per cent more than there were a year [...]

POSTED ON February 11, 2008
Banks required to make switching easier

Federal Treasurer Wayne Swan has announced four initiatives aimed at making it easier to switch bank accounts and to reduce loan switching fees. A new [...]

POSTED ON February 11, 2008
Repossessions harder to avoid

Home repossession rates are expected to increase later this year as recent rate rises make it harder for households to meet their loan repayments. The [...]

POSTED ON February 7, 2008
Westpac ready to lend

New chief executive Gail Kelly, only in the job for three days, conducted an investor briefing yesterday at which she said that the bank would [...]

POSTED ON February 6, 2008
Analysts forecast more rate rises

While the effects of yesterday's increase in interest rates by the Reserve Bank are yet to be seen, many economists are predicting that more increases [...]

POSTED ON February 6, 2008
Business lending up, but brakes on housing

Business lending is increasing at its fastest rate in almost 20 years with a 1.6 per cent increase in December contributing to a 24.3 per [...]

POSTED ON February 1, 2008
Repossessions skyrocket in NSW

The number of people in NSW who are at risk of losing their homes has jumped by almost 70 per cent in the last two [...]

POSTED ON January 23, 2008
Stamp Duty Calculator

Stamp duty adds significantly to the cost of buying a property. Find out just how much it will cost in your state or territory. Note: [...]

POSTED ON December 11, 2007
Lump Sum Calculator

How much time and interest can I save by paying a lump sum off my loan? Note: The results from this calculator should be used [...]

POSTED ON December 11, 2007
Loan Comparison Calculator

Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. Individual [...]

POSTED ON December 11, 2007
Rabobank easier to access

Rabobank has moved to improve service options for its customers by partnering with Australia Post. The deal will allow the bank's business customers to use [...]

POSTED ON December 6, 2007
Business spending eases

Business investment is easing with a fall of 6.5 per cent in private sector investment in the September quarter. Senior strategist at TD Securities, Joshua [...]

POSTED ON November 30, 2007
Pressure on construction costs

Surging business investment is expected to increase construction costs with private sector capital investment up by 14 per cent in the September quarter to $535.5 [...]

POSTED ON November 7, 2007
Credit growth increases rate pressure

The Reserve Bank of Australia has reported that the total value of credit to the private sector was up by 1.2 per cent, contributing to [...]

POSTED ON November 1, 2007
No plan means low growth for SME’s

A survey has found that 74 per cent of small businesses do not have a business plan, citing a lack of time, assistance and being [...]

POSTED ON October 29, 2007