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Bank Account News Archive History
September 2010
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Bank Account News
RBA will not increase interest rate this time, expert says
The interest rate will not be increased by the Reserve Bank of Australia next week, one financial commentator has predicted. The Reserve Bank of Australia (RBA) is not set to increase the interest rate next week, according to
...
Wed 1st Sep, 2010
Banks tell consumers 'to sell rather than grant home loans'
Consumers are being discouraged from taking out bridging loans, one publication has noted. Banks are refusing home loans to consumers and instead telling them to sell their properties first. A piece in the Daily Telegraph by
...
Tue 31st Aug, 2010
Interest rate rise 'is all but certain'
The Reserve Bank of Australia will increase the interest rate again this year, economists have predicted. A forthcoming interest rate rise by the Reserve Bank of Australia (RBA) is all but certain to happen by the end of the
...
Tue 31st Aug, 2010
HSBC home loan 'is most competitive in Australia'
A HSBC home loan has been described as the most competitive on the Australian market by the company's head of mortgages. A new HSBC home loan is the most competitive available on the Australian market.This is according to
...
Wed 18th Aug, 2010
Maintaining interest rate level was "comfortable" move for RBA
The Reserve Bank of Australia felt "comfortable" maintaining the interest rate level at the beginning of the month, its latest minutes have revealed. Keeping the interest rate at its current level at the start of
...
Tue 17th Aug, 2010
Term deposits competition 'increases as Virgin enters fray'
Competition for term deposits has increased with the introduction of Virgin, one writer has noted. There is more competition in the term deposit market now that Virgin has entered the fray, according to one financial
...
Thu 12th Aug, 2010
Mortgage lenders 'will ask more questions about home loans'
Many more questions can now be asked to determine the type of home loan product that someone requires. Mortgage lenders are now able to ask Australians plenty of questions to find out the type of home loan products that
...
Tue 10th Aug, 2010
Home loan figures show "continued weakness" in market
There is evidence of "continued weakness" in the property market, one industry expert has noted. Economist revealed that commitments for home loans have reached new lows.A piece by the Australian Associated Press
...
Mon 9th Aug, 2010
RBA interest rate decision 'is welcome relief for many households'
Many households have welcomed a decision to maintain the interest rate, the treasurer has noted. The decision by the Reserve Bank of Australia (RBA) to maintain the interest rate at 4.5 per cent has been welcomed by a lot of
...
Wed 4th Aug, 2010
Calculate monthly home loan repayments on Commonwealth iPhone app
A Commonwealth Bank iPhone app will enable users to calculate estimated home loan repayments. Commonwealth Bank consumers who own an Apple iPhone can now download an app that will allow them to calculate monthly home loan
...
Wed 4th Aug, 2010
Currencies are like term deposits, expert says
Australia has some of highest interest rates around, according to one writer. Currencies are similar to term deposits in that money should flow into the best offering, according to one industry expert.David Potts, writing for
...
Tue 3rd Aug, 2010
RBA leaves interest rate unchanged at 4.5%
The official interest rate is set to remain at 4.5 per cent, the Reserve Bank of Australia has announced. The Reserve Bank of Australia (RBA) has announced that it is maintaining the interest rate at 4.5 per cent.Glenn
...
Tue 3rd Aug, 2010
Extra $77 billion in Aussie bank accounts, figures show
An extra $77 billion has been put into bank accounts in Australia since the credit crunch, according to recent figures. Since the credit crunch there has been an additional $77 billion put in to Aussie bank accounts, latest
...
Mon 2nd Aug, 2010
Interest rate rise next week 'is unlikely'
An interest rate increase next week is not likely, one publication has noted. Australians are unlikely to see a rise in the interest rate next week, according to one publication.The Australian Associated Press noted that
...
Thu 29th Jul, 2010
RBA interest rate rise could rest on CPI
The Consumer Price Index could have an impact on the Reserve Bank of Australia's next interest rate decision, one industry expert has noted. A possible Reserve Bank of Australia (RBA) rate rise in August could depend on the
...
Tue 27th Jul, 2010
Interest rate could affect those looking for a mortgage
Homeowners are worried about a potential interest rate rise, one writer has stated. A possible interest rate rise is one worry for potential homeowners because it could affect their borrowing capacity.This is according to
...
Mon 26th Jul, 2010
First home saver account demand 'is lower than expected'
Demand for the government's home saver account has been less than expected, the prime minister has noted. The demand for the government's first home saver account has been lower than expected, according to the Julia
...
Fri 23rd Jul, 2010
Term deposits offering 'good returns for security-conscious investors'
Term deposits could be something worth investing in, one industry expert has noted. Security-conscious investors might like to look at what term deposits have to offer, according to one industry expert.John Wasiliev, writing
...
Tue 20th Jul, 2010
Bendigo and Suncorp customer's can avoid bank account fees at ATMs
An agreement by two banks has led to customers being able to withdraw money at more ATMs without incurring charges. Bendigo Bank and Suncorp Bank customers will have an array of fee-free ATMs to choose from after a recent
...
Mon 19th Jul, 2010
Estimated $80 million 'being taken from Aussie bank accounts'
Around $80 million has been conned from Aussie banks in the past 12 months, one industry expert has noted. In the past 12 months an estimated $80 million has been taken from Australian bank accounts.This is according to Det
...
Thu 15th Jul, 2010
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