Trending Financial News 27 June

UBank cuts savings account rates UBank, a long-time market leader in the at-call savings market, has slashed interest rates on its USaver accounts. The USaver [...]

POSTED ON June 27, 2019
Trending Financial News 26 June

Which bank has more system outages than any other? There were more than 300 service disruptions at Australian banks and other financial institutions in the [...]

POSTED ON June 26, 2019
Trending News 25 June

Aussies choose the loo for banking One in five Australians do their banking on the toilet using their mobile phone, according to a new survey [...]

POSTED ON June 25, 2019
Trending News 24 June

Westpac backs down on lowering serviceability requirement Westpac announced on Thursday afternoon that it would allow loan officers some flexibility to approve home loan applicants [...]

POSTED ON June 24, 2019
Trending News 21 June

Qantas is ‘ripping off’ frequent flyers with QFF changes Qantas’ changes to QFF points is effectively ‘ripping hundreds of millions of dollars off its frequent [...]

POSTED ON June 21, 2019
Trending News 20 June

It’s a borrowers market as home loan sales crash Sales of new home loans has slumped. The latest data from the Australian Prudential Regulatory Authority [...]

POSTED ON June 20, 2019
Trending News 19 June

Two more rate cuts expected for Christmas The Reserve Bank has strongly signalled more rate cuts will be delivered in the next few months. “A [...]

POSTED ON June 19, 2019
Trending News 13 June

Savers need to take action NOW Online savings account rates offered by the big four banks are now all set at 0.5 per cent p.a. [...]

POSTED ON June 13, 2019
Trending News 12 June

Buying vs renting – Buying is the new winner! Falling house prices and lower interest rates have combined to make buying a home much more [...]

POSTED ON June 12, 2019
Trending News 11 June

More NAB home loan borrowers will get compo National Australia Bank will pay back almost 5,000 more home loan customers who were overcharged interest. The [...]

POSTED ON June 11, 2019
Trending News 7 June

ANZ reacts to criticism on interest rates ANZ Bank’s chief executive Shayne Elliott said his bank’s controversial decision not to pass on the full June [...]

POSTED ON June 7, 2019
Trending News 6 June

Westpac targets property investors with rebates Westpac is offering reduced rates and other incentives to try and convince property investors from other banks to refinance [...]

POSTED ON June 6, 2019
Trending News 5 June

Which lenders have passed on the RBA rate in FULL? The Reserve Bank of Australia cut the official cash interest rate in Australia by 0.25 [...]

POSTED ON June 5, 2019
Trending News 4 June

Banks have a ‘responsibility” to pass on rate cuts Treasurer Josh Frydenberg told a conference recently that banks and other lenders “have an economic and [...]

POSTED ON June 4, 2019
Trending News 3 June

Which banks are attracting new customers? The latest APRA monthly banking statistics shows the big banks lost market share to challenger banks and other lenders [...]

POSTED ON June 3, 2019