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
Rising Aussie dollar puts pressure on rates

Australian interest rates are under pressure after higher than forecast inflation figures for the March quarter. Underlying inflation rose to 4.2 per cent reversing many [...]

POSTED ON April 24, 2008
Bad news on inflation front

The news that most people have waited for has finally arrived, the key March quarter consumer price inflation figures, with the underlying message to determine [...]

POSTED ON April 23, 2008
Tiger Airways set to expedite expansion plans

Singapore Airlines budget carrier, Tiger Airways is reported to have established a solid financial foundation to remain in Australia into the long term. Five months [...]

POSTED ON April 22, 2008
RBA tells card providers to slash fees

The Reserve Bank has issued new guidelines to the payments associations which if enacted will further reduce the cost of credit card interchange. The RBA [...]

POSTED ON April 22, 2008
Big banks drop market share in cards

The Sheet this morning reports that the major banks have dropped market share in credit cards to competitors, mainly to foreign banks over the two [...]

POSTED ON April 18, 2008
Credit card debt slows

Data from the Reserve Bank has indicated that credit card debt is rising at its slowest rate for the last 15 years. The news not [...]

POSTED ON April 18, 2008
IAG $4.00 bid too cheap

QBE's predominately scrip based bid for IAG is seen by many as being low ball and opportunistic. Prima facie it appears good value, the effective [...]

POSTED ON April 17, 2008
Easing economy on the rope

A report on economic activity has suggested momentum in the local economy will be dire this year, boosting the chances of an interest rate cut [...]

POSTED ON April 17, 2008
QBE has a tilt at IAG

QBE Insurance Group has announced a bid for Insurance Australia Group, providing IAG shareholders 0.142 QBE shares plus $0.70 cash. IAG has noted that the [...]

POSTED ON April 16, 2008
Loan slump not taken personally

Figures released yesterday have indicated that personal finance was on the rise in February, trending away from housing and commercial finance. Soaring interest rates are [...]

POSTED ON April 16, 2008
RBA sees inflation picture changing

The Reserve Bank of Australia is forecasting inflation to come down far quicker than previously anticipated and have cautiously indicated that rates may have peaked [...]

POSTED ON April 16, 2008
Rabo rates safety first

Rabobank has launched new advertising on the Australian public, citing "safety first", using the tag line of "Australia’s safest bank", while seeking to gain more [...]

POSTED ON April 14, 2008
Soros says worse yet to come

George Soros believes the credit crunch has yet to work its way through the markets and has urged regulators worldwide to move quickly to contain [...]

POSTED ON April 11, 2008
Be prepared say IMF

The International Monetary Fund has warned governments to prepare contingency plans should the continuing credit crunch keeping slowing the global economy. The IMF in its [...]

POSTED ON April 11, 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
Danger of a global recession looms

The latest warning overnight issued by the International Monetary Fund has suggested that there was a "one-in-four chance of global recession". It is apparent that [...]

POSTED ON April 10, 2008
Traveller’s cheques

A traveller’s cheque is a fixed amount cheque that can be purchased in a variety of amounts and currencies. The cheques are usually signed by [...]

POSTED ON March 18, 2008
Cash passport

A cash passport is a prepaid card designed for use when travelling. The card can be loaded with a range of currencies so that you [...]

POSTED ON March 18, 2008
One way or return?

Is the quoted fare for a one-way or return flight? Many of the low fares on offer are one-way tickets only. Be sure you are [...]

POSTED ON March 18, 2008
Cards, cheques or cash – what’s best?

MONEY, MONEY, MONEY The general consensus in the marketplace is that when travelling overseas you should take a combination of cash, cards and travellers cheques [...]

POSTED ON March 17, 2008
Travel now or save for later?

Live now, pay later may sound a great maxim, but it’s not one that should be applied to travel and holidays. If you can avoid paying [...]

POSTED ON March 17, 2008
Minimising the costs of going away

Travelling is normally great fun, but it can really knock a hole in your finances, particularly if you have chosen expensive destinations. Order a round [...]

POSTED ON March 17, 2008
Travel Insurance

Whatever your age, fitness level or destination, taking out the right insurance before you travel is an absolute necessity. It really doesn’t matter how careful [...]

POSTED ON March 17, 2008
Organising passports and visas

Passports While all new Australian passports now contain microchips that enable the bearer’s identity to be electronically confirmed in some ports, a passport is still [...]

POSTED ON March 17, 2008
Playing It Safe

Travelling, for most people, is one of great pleasures of life. Well, at least it can be if all goes smoothly. However, travelling throws up [...]

POSTED ON March 17, 2008
Loan Repayment Calculator

Work out what your minimum weekly, fortnightly or monthly loan repayments would be for any borrowed amount. Note: The results from this calculator should be [...]

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
Extra Repayments Calculator

How much time and interest can I save by paying more than my minimum repayment? Note: The results from this calculator should be used as [...]

POSTED ON December 11, 2007
Term Deposit Calculator

Project your interest earnings from term deposits. The result will differ depending on the frequency that interest is calculated and credited to your account. Note: [...]

POSTED ON December 11, 2007
Savings Calculator

Project how much you can accumulate over time from an initial contribution and regular ongoing deposits. Note: The results from this calculator should be used [...]

POSTED ON December 11, 2007
Credit Card Calculator

Find our how much time and interest you can save by paying more than your minimum monthly repayment. Note: The results from this calculator should [...]

POSTED ON December 11, 2007
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
Anger at Kurnell airport plan

The Federal Government's plan for a second Sydney airport in Kurnell – supported by Prime Minister John Howard – has been attacked by local residents [...]

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
Virgin Blue arrives in Adelaide

Virgin Blue commenced its Brisbane to Adelaide service yesterday. The red Boeing 737 didn't have one empty seat and flew under an archway of water [...]

POSTED ON December 11, 2000
Colonial customers to move to CBA

By the end of January 2001, Colonial Bank customers will be able to do their banking at Commonwealth Bank branches. CBA has announced plans to [...]

POSTED ON December 8, 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
Dial a pop star

Telstra has struck a deal with ARIA and record label, Transistor Music, to bring PhoneAway cards to the public. The new cards have been developed [...]

POSTED ON October 12, 2000
Happy about net and mobile services

A recent survey by the Australian Communications Authority (ACA) indicates that the majority of Australian consumers are satisfied with their mobile and internet services. Figures [...]

POSTED ON October 12, 2000
New stock exchange for Bendigo

Targeting the rural sector, the Bendigo Stock Exchange will open for share trading once funding is established. Six companies and around 12 brokers are needed [...]

POSTED ON October 12, 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
GST refund mess

Delays in GST refunds may cause some businesses problems with their cash flow. According to tax advisers the ATO is yet to pay out GST [...]

POSTED ON September 28, 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
NAB cracks down on credit fraud

Using software already in use in the US, the National Australia Bank is cracking down on credit card fraud saving $2 million in the last [...]

POSTED ON September 28, 2000
WAP banking still needs work

After Westpac launched its WAP service, the NAB and ANZ have completed trials for their WAP programs but are yet to officially launch them. The [...]

POSTED ON September 27, 2000
$200bn customers for NAB

The NAB’s Global Securities Services business has scored two new lucrative clients, Brown Brothers Harriman and Mellon Trust. NAB’s assets under custody in Britain could [...]

POSTED ON September 26, 2000
ATMs at churches

In an attempt to re-establish the local parish as the centre of the community, The Church of England is considering installing cash-dispensing machines in its [...]

POSTED ON September 26, 2000
Suburban anger at major banks

Communities in Sydney’s inner west are following in the footsteps of their rural counterparts by attempting to establish their own community banks with Bendigo Bank. [...]

POSTED ON September 26, 2000
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
Lenders gear up for spring

Well, spring is in the air, and being the peak home-buying season, and the season for romance, the banks have come out with their best [...]

POSTED ON September 21, 1998