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
ING Direct set to revolutionise banking

ING DIRECT Australia yesterday announced a record net profit after tax of A$141.6 million for the six months to June 30 2009, up A$61 million [...]

POSTED ON August 18, 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
Wild weather to pressure insurance premiums

Australians will be facing higher insurance premiums with climate change models predicting an increase in the severity and frequency of extreme weather events such as [...]

POSTED ON January 29, 2008
Jury still out on rate rise

A chance of an interest rate rise is still unlikely as we await further indication of the effects of the last increase in May. A [...]

POSTED ON June 2, 2006
MBF to drop electronic discount

One of Australia's largest health insurers, MBF, intends to abandon the 4 per cent discount currently offered for premiums that are paid electronically via direct [...]

POSTED ON May 23, 2002
CBA eyes nation’s biggest health insurer

The Commonwealth Bank has indicated that it may be interested in acquiring Medibank Private were it put up for sale by its owner, the Federal [...]

POSTED ON May 20, 2002
$1bn Medibank sale on agenda

The Budget includes funding for the Department of Finance to carry a "scoping study" on the feasibility of selling Medibank Private, Australia's largest private health [...]

POSTED ON May 17, 2002
Expert warns on bank privacy

Des Powell, MD of See-Beyond, claims that banks and insurance companies don't have the technical capacity to deal with Australia's new privacy laws. The laws [...]

POSTED ON February 20, 2002
Rigging controversy brings online polls into question

The controversy surrounding a Telstra employee’s manipulation of an online consumer poll has brought the validity of such polls into question. InfoChoice conducts regular Quick [...]

POSTED ON January 30, 2002
Xmas mobile shoppers beware

Consumers buying mobile phones for Christmas should check and understand the terms of their phone contract before signing warns the Australian Communications Authority (ACA). The [...]

POSTED ON December 12, 2000
Record health fund profits prompt payout call

Private health funds are under increased pressure to help out consumers and struggling private hospitals after recent figures indicate a record $343 million profit for [...]

POSTED ON December 11, 2000
Chat sites back under the hammer

Criminal lawyer, Chris Murphy, is launching a defamation action against online stock chat forum Stockhouse. It appears that the abuse and allegations against Murphy were [...]

POSTED ON December 11, 2000
Banks will cooperate on fees says ACCC

According to the Australian Competition and Consumer Commission (ACCC), the major banks – who the ACCC have accused of fixing credit card interchange fees – [...]

POSTED ON November 28, 2000
Qantas serves up expired food

1,000 out-of-date Qantas meals were thrown out after staff refused to serve them. However, staff have claimed that meals that were either out-of-date or on [...]

POSTED ON October 11, 2000
Mortgage brokers moving in

The recent rise of mortgage brokers - intermediaries that offer loans from a variety of lenders instead of only one – has helped ANZ and [...]

POSTED ON September 28, 2000
Credit card bank back down

After the ACCC threatened legal action against the major banks for fixing of credit card 'interchange’ fees (charges between banks for processing transactions on each [...]

POSTED ON September 22, 2000
NAB to raise fees and shut branches

The National Australia Bank has announced its intention to raise its bank fees and to close 100 of its metropolitan branches. The exact branches targeted [...]

POSTED ON September 18, 2000
Time to Cash up?

There is an interesting article in The Australian today. Apparently the Reserve Bank is planning to print more money next year in preparation for the [...]

POSTED ON August 26, 1998