Westpac open on Sundays

From the 17th September to October 1, Westpac branches in the CBD, Manly, Bondi and Kings Cross will open for trading each Sunday. Manly, Bondi [...]

POSTED ON September 25, 2000
Treasurer asks NAB to explain

Federal Treasurer Peter Costello has called for an explanation from the NAB regarding its decision to close 100 of its branches and to increase fees. [...]

POSTED ON September 22, 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
Qantas passengers go hungry

In an ironic twist in the current discount airfare war, Qantas was forced to run several domestic flights last night without meal services. A snap [...]

POSTED ON September 21, 2000
ACCC points to card fees compensation

The ACCC has raised the possibility of consumers receiving compensation from the banks for being charged excessive interchange fees on credit card transactions. Mr Allan [...]

POSTED ON September 20, 2000
NAB gets thumbs up from analysts

Following NAB’s announcement of fee increases and branch closures, the bank’s shares rose 46 cents to $27.12 and analysts named it their top pick in [...]

POSTED ON September 20, 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
Consider the size of your trades

When comparing fees among brokers, consider the likely size (dollar value) of your trades. Fee scales can vary considerably so that a broker who is [...]

POSTED ON September 12, 2000
How deep is your research?

Check what the broker offers in company profile and recommendation report information - just how detailed is it? [...]

POSTED ON August 18, 2000
Are you a frequent trader?

If so, check what frequent trader discounts are on offer - they can cut transactions costs significantly for active traders. [...]

POSTED ON August 16, 2000
BondBook enters competition

The fight amongst investment banks to dominate the online fixed income market is intensifying with the introduction of new competitors such as BondBook. BondBook (to [...]

POSTED ON June 20, 2000
WAP voice recognition

To enable easy access to WAP services voice recognition will be introduced in place of small keyboards. Motorola has already released MYA (what they refer [...]

POSTED ON May 31, 2000
Second go at Telstra and software merger

Telstra has expressed an interest in reviving an alliance with Sausage Software and Solution 6 on the grounds that it would receive more equity. The [...]

POSTED ON May 30, 2000
Major Banks’ put pressure on smaller lenders

Prior to today, Tuesday 9th May three of Australia’s biggest banks are placing pressure on smaller lenders by not raising their standard variable home loan [...]

POSTED ON May 18, 2000
Sanford follows the trend

Sanford Securities has reduced its minimum brokerage rates from $28.95 to $24.95 for both its Premium and Professional level services. A brokerage fee of 0.1% [...]

POSTED ON May 15, 2000
New banking initiative for Tasmania

Bendigo Bank and Tasmanian Trustees plan to develop a new banking organisation to operate in Tasmania, in a move that appears to make it less [...]

POSTED ON May 12, 2000
Comsec reduces online trading fee to $14.95

Comsec has immediately struck back at Westpac by offering online trading at $14.95 via its Commonwealth Direct Investment Account (CDIA). Key differences in these offers [...]

POSTED ON April 1, 2000
Westpac jumps into the discounting lead

Westpac has leapfrogged Comsec and Quicken in the discount trading war, offering online trading up to $15,000 for $15 in brokerage. This rate is to [...]

POSTED ON March 31, 2000
Comsec offers online trades at $19.95.

Just as the brokerage charged by online brokers for internet trading had stabilised at around $28 to $29 for online trades up to $10,000, Comsec [...]

POSTED ON March 30, 2000
Australia now # 1 in share ownership

A survey released by the Australian Stock Exchange shows that during the past year the number of share owning Australians increased by 1.3 million to [...]

POSTED ON February 15, 2000
10% of ASX trades now made over the internet.

Online brokers have estimated that they now carry 10% of all market trades on the Australian Stock Exchange (ASX). Based upon previous estimates this represents [...]

POSTED ON November 24, 1999
Bendigo Bank acquires Victorian Securities Corp.

Bendigo Bank further enhanced its regional focus this week with the announcement that it had purchased Ballarat based Victorian Securities Corp, a small investment and [...]

POSTED ON September 24, 1999